 What is going on ladies and gentlemen and welcome back to another bitcoin daily video today we are going over this big move that we caught here on Friday and over the weekend remember on Friday's video we told you guys about these breakout entries right here which was a bounce on the bottom of this ascending support and it ran all the way up just as we spoke about and we're also talking about the same type of bounce that we saw in Ethereum and then we're also going over you know different things that we're looking for this week and different trade setups that we're looking for this week to make some profits this week so stay tuned guys let's jump right in Alrighty guys I hope you guys had an amazing weekend I hope you guys caught some of these profits that we made over the weekend let's jump right into that so this is these are the trades that we spoke about this week on Friday's video Bitcoin we told you guys we were buying above $18,200 and not only did it hit that but it ran all the way up to $19,400 guys so that was a 66% profit if you use 10x leverage on this trade on Ethereum we also caught the breakout above $5.50 as we mentioned to you guys ran up all the way to $5.95 for a 40% profit if you guys use 5x on these that's what we use on altcoins on Bitcoin cash we caught it at $270 ran up to $282 for 22% profit on a 5x leverage and litecoin from $80 to $84 plus 25% profit on 5x leverage so remember guys if you guys want to use and trade Bitcoin with leverage you can go down below hit our where it says buy bit and you guys could just use that link to sign up and and that is where we trade with leverage alright guys so let's jump into what we're watching for this week right so you guys see here we're looking at the daily right now you guys see it's been bouncing around so it we had this first initial drop right here bounce back up then kind of it's been getting rejected at the top every single time right and then we had this drop over the weekend over last weekend and the weekend well over the last week but then the weekend we popped right back up which was at the bottom of this range right here so so this is what we're currently watching right here you see was kind of a breakout right here from this from this kind of a bull flag pattern that we had more was more like a pen it and we kind of broke out of that which led us all the way back up to nineteen four hundred nineteen four fifty range and as you guys can see we're currently pushing up right now we're at nineteen thousand three fifty two so basically we're watching here we want to we want to see that we don't break back down one thing to be wary of is that we have another gap up guys so now this makes two gap ups that we have so this is a CME Bitcoin futures right here and you guys can see there's this gap right so what is a gap up this is what it is right here trying to zoom in for you guys this is as much as I can zoom in so this is a gap up right here you guys can see we closed at eighteen thousand and twenty on Friday and then then we opened at nineteen thousand one fifty five so that's over one thousand dollar gap up and we also had the same thing of well not the same thing but similar here the weekend before so we had closed here at sixteen thousand nine twenty five and we opened up at eighteen thousand two seventy five so almost the same thing here guys this one here was about was over also over a thousand yeah so so that's just something to keep in mind guys as you're trading make sure you're using your stop losses keep tight stops because if we do end up filling those gaps you know you can take losses if you don't have stop losses set up and put in place so you want to make sure to always have those stops put into place and be you know practice proper risk management so for this week what we're looking for is a continuation up basically unfortunately the move happened before we're able to put this video out but the trade that we're looking for was above an entry above nineteen thousand three hundred this is the first entry that we're looking for that we signaled in our trade group hopefully you guys in our trade group were able to catch that and hopefully it profits we got to see what happens here right so the next entry that we're looking at here it's going to be probably above these right here and that and it's close enough to that five hundred range where we would take that five hundred entry right so nineteen thousand five hundred is the next breakout entry that we're looking at here if we're looking at support then for support we're kind of we would be watching back down at the nineteen thousand it's basically where that support would be so we would we want to see a test and a bounce back up and we be buying the bounce back up and over nineteen K okay so that's pretty much the two trade setup for watching right now this week you know to start the week off so it's at nineteen thousand three hundred the nineteen thousand five hundred and that nineteen K if we come back down to test it we want to get it above that so let's go ahead and take a look at a theorem a them you see we kind of have that same pattern still right so we have that flat top pattern we've been consistently rejected at six twenty but the good news is we did catch this support and it respected it which is very good news so you see we got the bounce right off of there and I told you guys that entry from Friday was five fifty which was exactly where the bounce would have happened and this is that's exactly what what it did so it bounce all the way up until five ninety five that was a huge move up what was it up forty percent it was a forty percent move if you use five X leverage so what we're looking at for now we're pretty much looking at this five ninety area let's zoom in a bit into the four hour but we're looking at that five ninety area right it's a possible entry but there's a lot of consolidation here so you have to be careful with it use tight stops all right so if you're using that the five ninety breakout it would be a breakout above these last four four hour candles that's where we're playing this it would be a breakout you would you the risk that we're going to be using is probably like two and a half two dollars and fifty cents around there we just don't we don't want to because look how wide this is we don't want to be in this so we just want to keep a tight stop if it breaks out awesome we'll take profit at you know every five dollars or so and if it doesn't work out that's fine we will be looking for new entries at five eighty so five eighty is our next entry but we want to see something kind of like this word dips under it and then pops back over that five eighty break would be our entry so that's two trades we're looking at this week and then the third trade is above probably above this range right here which is the high of like basically the last week or so or the last few days but because it's so close to six hundred we'll just do a break above six hundred and as you guys know there's been a lot of consolidation at six hundred so it is a risky trade you have to be careful taking that so that's it for Ethereum let's go ahead and take a look at Bitcoin cash Friday we told you guys about that two seventy level and it broke right above it as you guys can see it was right around here that's also where this the fifty day moving average was so that actually worked out perfectly we were able to grab some profits there if you took that trade currently you see a pin bar set up here on top of that fifty day moving average so that's pretty good sign we would want to see a break of this two eighty zone so we can break above two eighty then we're looking to hit probably 283 and test this twenty day moving average probably around 283 to 284 range then that next number would probably be around that two ninety and then that could lead up to three hundred so that's with Bitcoin cash those are the trades that we're watching we're not really looking for any support here but the support looks like it could be that two seventy range which was our prior where we entered the breakout last time the fifty day moving average is there so you can use that two seventy as a support entry if it happens something like it did today right here where it drops under and pops back over it light coin as you guys can see we have this we had this descending wedge going down and if it's breaking up it broke out of it right there so and it's right at it's currently right at the twenty day moving average so here we're kind of looking for so the trades we took on Friday with the light coin was eighty so above eighty and it went up to like eighty four so we're probably looking for a break of the same area probably a break of eighty five is what I'm looking for here so a break of eighty five would would be the new breakout entry for a dip then I'm probably looking at something at the eighty dollar mark I would want to see it just like it did today dip under it and bounce back above it that would be the entry I'm looking for there XRP let's take a look as you guys can see you guys know that there is an airdrop on XRP and and as we expected we spoke about this there was a drop right on in the price now we so we broke out bearish from this pennant in this bull flag but that fifty cent range is actually holding up pretty nicely that's why we didn't take a short on this because we saw there's a lot of buyers at the fifty cent range and we actually we expect this to go back up so if you're looking for a long here on XRP you probably could take a breakout above fifty two cents and if you want to be safer than you could take it at fifty three cents those are two entries we don't really want any support entries here because it's just that fifty cent range is where all that battle is going on so we're looking for that breakout above fifty either fifty two or fifty three if you want to be a little bit safer and see if we can bounce back up with XRP chain link as you guys can see we were also pretty much trending down here and we did have a bounce back up we didn't take any trades on this and we're still not looking to take a trade here we want to see some consolidation here and then possibly a buy off this fifty day moving average here so that would probably be around that twelve fifty to thirteen dollar range but there was already one fake out at the thirteen dollar range so we're not currently taking any trades on chain link here it still needs to break above that twenty day over to Tezos kind of the same thing here not much going on it didn't move up from that two dollar range as we as we spoke about we said that two dollars as support bounce back up to that two twenty so that two twenty was is that next area with a lot of price action if you're looking for a breakout trade you could buy above two thirty that would be the level that I'd be looking for it to enter a trade there Neo you see we also got the nice bounce here I'm still not entering nothing in Neo I want to see a break of eighteen dollars for an entry here on Neo and that's basically it guys I think we covered pretty much all the trade setups we wanted to cover wanted to talk about hopefully you guys made some profits from our trade setups that we gave you guys on Friday if not don't worry guys there's always a new trade to make so that's pretty much it guys we're going to be watching the market and updating you guys as we go if you're in our trading in our trade room then you already know we're going to update you as we make trades if you're not then and watch our videos that we're going to be posting throughout the week and our Instagram page where we give daily updates as well that's pretty much it guys please guys make sure to hit that follow button make sure to hit that subscribe that in that like button and make sure to hit that notification bell so you're notified as soon as we post new videos with new trades sometimes these trades take off like this you got to watch a video quick that's pretty much it guys till tomorrow I will see you guys as always peace and love we're out