 what is going on ladies and gentlemen and welcome to another bitcoin daily video in today's video we're talking about this huge move that happened here over the weekend we're going to talk about what we're doing next we're going to talk about this bull flag that it's currently printing and where it's currently trading we're also going to cover a trade recap of the trades that we gave you guys on friday and how we did all over 100 profit on those trades so stay tuned guys for the jam-packed video trust me you do not want to miss it guys make sure that you like and subscribe guys hit that notification bell and drop a comment let us know if you've been in this bull run and if you guys are interested in using the exchange that we use we use bybit and in the description we have a link where you guys can sign up to do that and you'll be able to get some rewards on your initial deposit up to around a hundred dollars or more so without further ado let's jump right in guys all righty guys first things first let's talk about the trades from friday's video guys we gave you guys two different trades that hit and hit big the first trade was a breakout entry on bitcoin we spoke about this breakout entry we wanted to enter above the preview the all-time high at the time right which was 28,800 those right around this level right here and you can see that breakout right there broke broke right through 25k which then just took a leg up really really quick it wasted zero time guys if you entered on the breakout at 24,800 and wrote it up to the top up here even if you didn't sell at the very top but you sold someone at the 28k range guys you would have made 129 percent profits if you use 10x leverage on that trade um the next one was ethereum ethereum we told you guys to enter at 620 remember we kept speaking about all week last week really 6262620 guys if you've entered here on the 620 break want any of these breaks here and wrote it up to the top guys all the way to about 740 range guys you would have made easily about 97 percent profits if you use 5x leverage guys so two different trades basically two different 100 profit results on fridays from fridays video so i hope you guys were able to grab those trades and make some profits on there if you did hit that like and and let us know in the comments um you know where you entered and where you were able to sell so let's go ahead and take a look into bitcoin guys let's see what's going on since friday so um basically what happened over the weekend was we shot out of a rocket we broke the previous all-time high we tested it and boom look at this green candle these are this is for our candles guys so green candle green candle green candle green candle green candle guys it was crazy it was one two three four five five green candles non-stop with no red and then this one is the one that hit the the new all-time high which was around 28395 before we finally got rejected and we traced a bit so as you guys can see once we got rejected um if we if you draw this the the Fibonacci levels we came right down to this level to to the Fibonacci level you guys can see here to that 23.6 percent level is exactly where we came down to and now you'll notice what's going on is another bull flag so what happened last time uh when we drew this exact bull flag look at that guys last time we had this exact pattern where we went all the way up and then we just kind of did this and boom skyrocketed up so can that happen again it's a high probability right um that's what we always tell you with bull flags usually they break in in the direction of the impulse move and the trend right so we had the bull flag and we're currently in that consolidation period consolidating down um as a price you know figures out what it wants to do but um if you know it does what it's you know what bull flags typically do then we expect this to eventually pop up and retest this all-time high right and break it so if we break this all-time high then we're expecting to possibly hit this uh 30 000 right here right so that would be about up here so um if we break out of here we expect a test here um the way I would expect this breakout to go is probably like a test up here and then kind of you know squibble squabble and then continue upwards um probably some resistance at that nine k range so you know maybe another little bull flag here and then continue whoops I went too far continue up here and then this is this is the zone where we're expecting a lot of resistance uh 30 k is a big number it's very very round and even number uh so we definitely are expecting a lot of resistance at that point um so then at that point we might you know kind of do this again and uh we I mean that might be the point where that you know gives us a pullback maybe down to this level um down to this level or back down here or you know we could even go all the way back down here um around here right so um those are different scenarios that can happen if we continue up now if we go down then it'll look a little bit different right so if we were to break down from this uh bull flag then we'd probably we'd see first we're seeing a test of this area right here right um which it already tested it here and it's also a Fibonacci level so um we would see a test here probably some you know some consolidation um then we'd continue down to the next Fibonacci level which is right here which is around that 24,250 mark that 24,200 mark um and then I'd expect you know some buyers to come in buying the dip and for us to consolidate at that point again if we were to break from that um then that next mark would be probably down here and down here so this is the golden pocket this right here is the golden pocket guys um in a Fibonacci retracement tool these are the golden pockets so if we were if we fell back down even lower then uh there was a lot of support right here so I'd imagine we we'd get a lot of buyers here and if we went down even further then we hit this right here which is the golden pocket right here right um and then obviously that if we kept continue down in this scenario that we continue down I don't think we'd go any lower than um then this 20k right here right so that I would expect a lot of buyers coming in um people that missed out on this run um people that might have sold I would expect them coming back in if we were to drop all the way down there I don't expect to drop that far um but there there's going to be a pullback at some point we just have to be prepared it's just a matter of when you know um and then we have to be prepared for any uh for every case scenario regardless of what happens so um that's currently how we're setting up our trades right and our trade plans so the first trade that we're looking at here um first we're looking we've been playing this 27k zone right we're playing that zone but these are scalps okay so you know depending what type of trader you are if you're more of a swing trader then you're probably not going to want to take these 27,000 uh breakout trades uh you'll look to buy either at the bottom of this range which is more around that 26,500 to 600 or at I don't know breakout above this range which is probably going to be um I would say above 27,500 that would probably be where you're looking to buy um above 27,500 you can expect possibly another move up to test this uh all-time high that's what I would expect uh once we break that um because we at that point we'd be breaking out of the um of the bull flag right so if we're breaking out of the bull flag I expect us to test that again at that point right if we try to measure the range of this bull flag just to kind of have an idea let's say something like that right that's about the range and we put it around that 25k um we're more more or less are going to like that's the same the same size of this range is the same size as this uh the all-time high right so it kind of adds up right the top of this is is um is right at that all-time high so um that's what I'm expecting if we are to break upwards um I'm expecting a test of this of this again um if we are to break down then we have uh this support and then this support down here so the setups that we're looking at is above 27,500 for the breakout trade 27,000 is a little bit of a riskier trade because you're right in the middle of that zone um and there's a lot of consolidation here so um it is good for scalps during the day you're going to be watching the price that's fine other than that it's it's getting a bit risky as this trend line is coming down the the risk reward is starting to disappear there right um but we're still in this range here which is why we're taking that um those scalps and uh if you want to be on the safer side then you're looking to enter trades down here around the 26,500 to 26,600 so uh those are probably best for scalps um to try to enter down here uh and try to sell up here so that's basically what you're doing while as long as we trade within this range we're looking to buy as close as down here as possible anytime the price reaches this level and then sell anytime the price reaches that level so that's right around that 27,200 level there's right around that 26,600 level right um that's 27,000 is a nice whole number so i like to use that as scalps every time it pops up above it it's it tends to run up to about 27,200 um but again there's a lot of consolidation in this area so uh depending on your risk tolerance you know this is a riskier trade because it's more likely to stop you out since there's so much consolidation so um if you have uh your risk tolerance isn't that high then i would suggest using the bottom level to enter or a breakout level up here all right taking a look at ethereum you guys see remember that we had drawn this chart here and we said that it was within this channel and then within this channel and we expected um this to go down till about here to this um Fibonacci level and then bounce up and continue up right so i mean we it didn't do it exactly as we said but it did use that level which is that golden level right there that golden pocket um as its breakout point and that was at that 620 mark which we spoke about a whole lot right all right so you see that we took off very nicely we broke up and above 700 um we had a little price action there and then we can just basically continued up um let's go ahead and extend the Fibonacci to more or less where we ran up to you see we've been consolidating here kind of the same thing as as bitcoin as you know uh this follows bitcoin for the most part what we're seeing right now is uh bounces off that 720 level and then the top of that range is gonna be around that 740 range right so 720 to 740 is more or less the range where it's trading in right now so what we're going to be looking to do is either buy back down as close to 720 as possible um and of course we always want to take that trade you know um when it goes like this and you buy it on the on the way back up right not on the way down um and then uh that next level would obviously be that 700 level right here um that would be that next level that's right it's right with this um Fibonacci level as well just under it so um that's basically the levels that we're watching now for the breakouts the levels that we're watching is obviously above 750 that's where we want to take a trade for a breakout so um the two trades that we're looking at is uh above 750 and be in um on a test of 720 and back up above 720 so that's the support entry right here and then this would be the breakout entry right here that's it for today guys i hope you guys have enjoyed today's video i hope you guys were able to grab some profits from friday's video if you guys did not and you missed out on those profits don't worry because i just gave you some new trade setups for this week if you guys haven't done so yet please go ahead and hit that follow hit that like on this video and drop a comment let us know what you think about the video and what you think bitcoin's price going to do next that is it for us today guys enjoy your monday's or tuesday's depending what day you're watching this sign and i will see you tomorrow as always peace and love