 What is going on guys in today's video, we are talking Bitcoin and we are talking 20,000. That's right So as you guys can see over the over this week, look at this crazy movement that we've had right here So we're talking about this breakout right here that we talked we spoke about yesterday Then we're also going to be speaking about The possibilities and trade setups that you could be setting up here over the weekend to Hopefully be able to enter in a profitable trade and make some money there then after that then we're also going over trades in Ethereum Bitcoin cash like coin XRP chain link tezzels and Neo and so on so stay tuned guys Let's get into it All right guys so the first thing that we're gonna be talking about of course is Bitcoin the king of crypto Right so we spoke about this bull flag yesterday and look at that We had the exact breakout that we said that would happen, you know, eventually According to this pattern, right? So we've had all these bull flags During throughout this whole run, right? We had the pennant here pennant here continuation pennant continuation up so We're expecting here probably some Consolidation here over the weekend since as we know Bitcoin over the weekend Just in crypto in general. There's not a lot of volume last weekend. We saw a whole bunch of consolidation during the weekend We could expect maybe some more of the same we might consolidate here in that eight in this 18,000 range But if we do continue up then we have a few trade setups In mind to take as much advantage of that as possible, right? So you always want to be ready. So For now, we just got to assume that this is a range right here This is 18,000 was a high 837 and the lowest 18451 right, so we're gonna be looking at those two ranges just to kind of give us an idea of the different levels We should be playing If we have some consolidation It should we should expect it to be between those two ranges, right? So if we look at this This consolidation here after the move up it Pretty much consolidated within this first candles range, right? The other consolidation was right here So we could expect to possibly now this could all change of course But we could possibly kind of do the same thing here. So that's currently what we're gonna be Running with and it is something different happens over the weekend and we'll have to adjust our plan So for right now The trade setups that we're looking for here We're looking for Possibly for this to go back down down here, right? So we would like to probably get something in the eight 18,500 range That's probably the ideal area for us currently at this point in time But we don't just want to try to catch it while it's dropping like it is right now The ideal scenario would be for it to drop down Kind of like it did right here Where maybe a test is like 480 470 475 whatever it might be and then pops right back up Like it didn't just exactly how it did on this candle. So that pop back up That's what you want to buy as soon as it crosses back over 500 with a little bit of momentum That's kind of where we're looking to enter that trade, right? And then kind of try to write it as long as possible possibly to the Top of this range, but you know because we figure that it's gonna be going down like this We have to set, you know Targets before that. So the way that we're gonna take Profits here. We'll be looking to just take simple profits, right? We want to we want to take the the Basically want to jump in around 500, you know right above 500 as soon as it pops over 500 We want to take that and then we want to start taking Profits at 600 we want to take some at 7 and then we want to take some at 8 because 8 was the last one where it got rejected So we don't know if it's gonna reach 8 again. So that's why we're taking profits along the way Just in case it does get rejected again We trell out and we try to pick up the same trade again So that's basically the whole plan for over the weekend, right? That we're looking at this range that it's currently in We're trying to buy that bottom and sell at that top So if we just kind of try to to guess, right? Where that range is gonna be it will probably look something like this you know So so This is kind of the range where you'd be looking to play So you'd be looking to you see here that 500 area would be the place to enter and you'll see that towards 800 as the closer we get would be the place to sell So over the weekend you can expect to maybe some consolidation within this range And then it might tighten up as you know as we get close to Sunday and then maybe Sunday afternoon When the markets open up when China wakes up You know, we can get some more volume pumped in and then we might see some sort of movement here either up or down Due to the pattern we expected to go up and we might expect you know this Consolidation period here in this last bull flag to be what pushes finally pushes Bitcoin to its previous all-time high So we still have that 19,000 Psychological whole numbers resistance there, right? So we're gonna have to get through that and and I expect a lot of sellers to be there And once and now another thing is what happens once we do get to that all-time high, right? So what I'm expecting when we do reach that all-time high is that we will get rejected. I expect a full rejection There's gonna be I'm sure a ton of sellers are gonna come in everybody's gonna be trying to sell at 20 at 20,000 So the idea is to sell before 20,000 You want you don't want to get caught up in that and if it goes above 20,000 then you enter again, right? So what I'm doing my strategy is as soon as you know to sell continue to sell until we break that 19,000 above 19. I'm buying again. I'm entering new positions with a tight stop And then the cloak at you know as it goes up. I'm just selling selling selling, right? I want to be completely out. Maybe just have 25% of my position by the time we would hit that all-time high And then if we do break above that 20k, then I can enters brand new positions here But I do expect a lot of volatility at 20,000 a lot of selling and definitely rejections That's just usually how the markets work, you know, it's very rare to see Something test in all-time high and just go straight through it It the most likely scenario is to get rejected at the all-time high prices So Expect that and be ready for that guys. We could see a lot of volatility. We could see a lot of, you know There could be a lot of different scenarios. Remember in 2017 there were like 30% drops We haven't had anything like that so far in this run So, you know, we don't know what might happen. So we're just playing it trying to play it as safe as possible We're gonna play the price action. We're not gonna try to make predictions and just go from there Another thing to note here Although, you know, we're seeing all this bullish movement. You guys have to keep in mind Something that we found here, right? So this is a lower high and a higher high, right? However, down here on the RSI we have a higher high and a lower high So these two things are currently going against each other You can, you know, dry it out and everything, you know, whatever it is you want to do here You know, you could draw these out. So you see Bitcoin the price is going up while the RSI the momentum Indicator is going down. So remember last time we spoke about momentum and the RSI bearish diversions and stuff like that what they mean These two things are not in agreement. So when they're not in agreement Usually what it means is that some sort of pullback or consolidation period is coming Usually means that something has to change because these two need to be on the same page, right? So it could be, you know, just a pullback down here back to the 18,000 area or something like that but Just something to keep in mind while making these trades so that you don't over position over leverage and then You know, there's a big drop without, you know, while you guys are stuck in a position So make sure you're using tight stop losses. Make sure you're being very careful where you're entering And and don't try to catch, you know falling knives. That's always my my biggest thing that I tell people That's a major thing to note there. There is an RSI bearish diversion. All right, so The trade setups are like I told you guys we're playing the same range here over the weekend And how it did it the same thing kind of last weekend where we're kind of just ranged within, you know, that area there I think goes over here So we could possibly expect that same thing So just we'll be watching that these ranges will be looking to buy towards 500 on the way up though not on the way down and We'll be looking to buy a breakout above 1800 possibly But the main breakout buy would be above 19k so so it just all depends how you want to play it, right? And we already told you how we're playing the all-time high once and if we do get back to that level So let's jump into Ethereum. We're at the 10 minute mark. I want to try to get through these real quick So Ethereum finally broke to that major major $500 level If we go to you see it's consolidating out there now And you see that this bull flag was the same way, right? And you do see here that there's not really any divergence, so it's it's Lower high and then it's a little bit higher, but it's still it's big enough where there's not there's no divergence But if we go to like the monthly and zoom out a bit Right You see that there's really no resistance here Look at this after we took off past 400. Well, this one was past 400 basically, but let's see the 500 level So after we took off so we got rejected there at 500 then once we broke 500 look at this candle We went all the way up to 70 to 800 900 almost, right? So that's that's one of the things I'm looking at and then when we dropped Let's see when we dropped here We bounced at eight again We came when we came back up we came back up to about like almost 700 Back down so I'm trying to look at the history to kind of get an idea of what we could expect There's no major resistances here after that 500 level so We can possibly over the next week see a theorem shoot up finally Not finally because look at it. It's shot up a lot already this month this month. It's up 31 percent But we can possibly see a theorem jump up, you know To 600 and beyond at this point, you know what I mean? So 600 is really the only next You know resistance that we're looking at here and it's it's a resistance because it's a whole number, right? So what we're looking here is kind of the same thing we're looking to buy above this this Current high and or as close to 500 as possible Which is at the bottom of this range? So we'd be looking to enter either as close to 500 as possible on the bounce up or a break out above this high So because the high is so close to 520 I would I'll be using 520 as my entry marker For any theorem you break out trade, however, I am currently in a trade We used 500 as that marker right here, and you'll see how we broke above that So that's currently a trade that we're in and that's the next entries that we're looking for for new trades in ethereum Bitcoin cash Finally, we had some movement as well over this week And we see a bull flag right here So we have a mini bull flag here on the four-hour mark You know here you could probably Same thing kind of play this range, right? So it's here where remember what when we posted this it's exactly exactly right back there in this spot, so that could be Something that you use for entry there or you could just use the high the recent high here So above 260 you can use above 260 from entry For pullbacks you could probably look at you know somewhere at 254 255 range For an entry again You want to see this go down and then bounce back up and you want to buy it on the bounce up? Light coin is next light coin finally. We've been having some movement here It's finally shot up from our buy range. You see that we told you guys above $60 was that range? It shot up came right back down tested it one more time shot up Had a little bull flag here shot up another little bull flag So we can probably possibly expect another shot up that were in it and the next shot up could lead to that hundred dollar mark So I'd be looking to enter above this previous high for a breakout trade, which is $86 Or you could buy at this low of the range, which is around $80, right? So those are the two trade setups that I be looking at in light coin XRP We can see here XRP kind of the same thing You know a shot up a kind of consolidated a bit boom shot right back up And now it's currently at 3250 right so so we had some trade setups here as well Our trade setups and I think we spoke about it on here was above 3100 So you see this clean breakout above 3100 and we hit our basically the majority of our targets here on this move So that was another big move here. I think we spoke about this trade on Monday guys Hopefully you guys were able to enter this so we entered this trade and we signaled it in our trading room As you can see a very profitable trade here So we are seeing it seems like maybe a little bit of divergence here Let's let's take a look here. So I'm looking at the highs here Yeah, so on this four-hour chart, we are seeing a bit of RSI divergence here As you guys can see on XRP. So keep that in mind as well when trading this Make sure that you're taking profits. Make sure you're keeping your your stop losses tight Just to be safe So the trades that we're looking at here the next breakout trade We'll probably be above that 33 cent mark For pullbacks, I'm probably looking around that 31 50 mark maybe 32 cents But again, I would like to see it come down and then bounce back over and I would be buying that bounce What's next chain link to see what's been going on with chain link You know as we told you guys many many times over this was a buy area here boom Look how that shot up and now it's currently at $14 So if you guys bought this congratulations, if you bought at that $10 mark congratulations If you bought at that recommended $7 mark, which we recommended you guys back here in September Congratulations because that's a hundred percent profits from if you bought here and sold it up here You're a hundred percent profits from the graphs if you bought Down here at this $10 mark you should be at around 40% profits right now so on this trade If we're looking for a new entries here We'd be looking kind of the same thing above this high so it's high looks like it got rejected at 1450 So above 1450 is where we'd set our breakouts And then our support entries would probably be around the $14 range Those would be the two setups. I'm looking at over the weekend Next Tezos not much going on with Tezos guys. I'm not really filling this one Yet the entries would be above 220 probably for a breakout entry. I'm not buying anything below that Neo Neo finally getting some traction getting some movement. So we spoke about the $16 range We spoke about this 15 to $16 range. You see that breakout pullback and then continuation up So that was the entry that we spoke about The next entry will be above this high so because this high so close to 17 I'd be setting my breakout entries above 17 For a pullback. I'm not really looking for a pullback entry But if I was I'd probably be looking around the $16 range Take a look at futures futures. Everything seems good. No, you know gaps or anything like that You got to worry about right now cardano. I'm not doing anything cardano right now Doge and nothing going on in Doge and EOS EOS finally got some movement as well If you're looking for trades here, I'm looking for something above 285 probably And for pullbacks, I'm probably looking around the 275 range. So that's pretty much it guys I think we covered everything here. We spoke about You know the analysis on Bitcoin and we've given you guys trade setups on both Bitcoin and some of the other coins that we're watching So These these are the trades we're watching and looking at over the weekend. These are trade setups We're looking at over the weekend Hopefully this video helps you guys if you have any questions as always drop it in the comments That's pretty much it guys. Enjoy your weekends. Be safe. Stay healthy Corona-free and I will see you guys on Monday. Peace and love Remember guys that by bit is currently having a special for anyone that's leaving bitmix. That's right You know what's going on with bitmix. 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