what’s going on guys Patrick here
bringing you a brand new video today we’re gonna kill video for you guys full
of information today we’re gonna be talking about the potential 100 million
dollar etherium dump bros be looking at some
Bitcoin technical analysis as well as tons of other news that went on in the
cryptocurrency space but guys before we start with that if you guys are
interested in making money trading cryptocurrencies make sure you check out
the first link in the description or the first thing in the comments for the
cryptocurrency trade alert group I post every single one of the trades that
brought me to six-figure portfolio in the group but if you’re a complete
beginner if you don’t have time to technical analysis or you don’t know how
to do technical analysis you can copy my exact trades it takes 2 to 3 minutes to
set up and after that profits is taken
automatically for you so it becomes a very very path so we have all coin
trades we have leverage trades and we have the number one community in the
cryptocurrency space full of people ready and able to answer your questions
24/7 I also believe we’re probably the most accurate because the last few
months we’ve absolutely been killing it both in all Queen trades and in
leveraged trades as well and I’ve extended it says Black Friday here but
I’ve extended our holiday sale going into Christmas so I am leaving it open
as long as there are limited amount of coupons left and if you do use the
coupon again first thing in the description that is $10 for your first
month so there’s no excuse not to do it we’re breaking the barrier breaking the
myth that not everybody can profit and that it’s difficult and impossible to
profit in the cryptocurrency market but let’s go into the Bitcoin technical
analysis first starting on the daily timeframe first of all just a few days
ago I believe it was Wednesday or Tuesday whatever was the 18th of
December look at that huge brink and I came in now that candle was a perfect
opportunity to catch a bounce off of this lower support off of the lower
trend line that we had been bouncing off of several times before we can see
happened over here we can see it happen over here so this was one very
profitable trade that I’m gonna put up right now that we entered in the group
very very happy enter in the beginning of the day towards the end of the day we
were all closed out it was absolutely incredible but again seeing as it
bounced off the support that wasn’t a very difficult rate to enter with a
tight stop-loss that if we broke below we could be seeing a significant dump we
were prepared for that as well so for those of you who got into the trade
congratulations those of you who are following my videos and watched this
breakdown happen congratulations as well we also saw I come right back in to test
the EMA and now I’m going to zoom into the closer timeframe
I wanted to show you guys the hourly chart because once we zoom out obviously
on the daily we saw that we were still below the EMA ribbon if anything we had
made some distance between and then bounced off of this support in order to
close it and test that resistance again what we see happen on the hourly chart
is a little bit different on the hourly chart we actually broke right above that
with that move that came in on the 18th of December we broke right above the EMA
ribbon and now are using it as support and are following it in with this
resistance that we have drawn on the lower timeframe here which again you can
see why we have it it’s balanced several times it’s active resistance before and
now with the EMA ribbon coming up close to this we’re going to see if we can
break out above this level and if we do break out above this level do not be
surprised if we see a bounce all the way up to the higher zone of that then the
next resistance which is the upper level of the channel that we were just looking
at now let me zoom out here and again show with you guys another thing that
I’ve seen people point out and that’s very accurate is that Bitcoin likes to
double bounce before it has a big run-up so you see one bounce here you see two
bounces here right one balance going up halfway bouncing again straight up top
we saw a very very similar thing happen bounce here and balance here it’s not
really a double bottom because it’s not at the same level right so one bounce it
went up to about half way saw another bounce and then boom big handle up and
we saw one balance weighted went to half way saw another balance and now we are
testing the resistance again which if we break do not be surprised that Bitcoin
starts heading up into the upper $7,000 so again a very good opportunity to
catch and make some money if we enter in the right position but not only that if
we look at the actual Bitcoin see I mean futures chart remember the gap that was
put over here and that a lot of people said maybe we weren’t gonna fill it this
time and even after this big red candle came in it looked even more likely and
more in favor of people saying that we weren’t going to fill it this time well
gaps get filled 99% of the time because we got her right back up there we filled
it and that gap is now done and we’re gonna wait to see the next one for the
potential next opportunity in order to capitalize on the gas because when it’s
that favorable when it’s that much in our favor and it happens that often
we’re going to continue to take advantage of it because it’s just a very
easy trade even if you don’t use high leverage and you wait you give yourself
enough room for moves like this to happen if
actually bitcoin does have come right back up and fill that gap now moving on
to more of the new side of things bitcoins fear and greed index suggests
it might be time to start buying Bitcoin out the fear and greed ending expose
view who don’t know is a measure of how if people are overall fearful or if
people are overall greedy and if you follow the investment tips from some of
the top investors they say buy when others are fearful and sell when others
get greedy 20,000 topples when everybody was getting greedy everyone wanted more
and more everyone thought it was going to never stop moving and that’s where we
saw the big sell-off and then roughly around 3k that Titan with few other
factors but roughly around 3k went a Bitcoin was you know everyone was
fearful everyone thought it was over maybe this is the end from 20k to 3k
that’s when everything happened that’s when we started to move that’s where
people that got in when others were fearful that was the perfect opportunity
to get it so the fear greed Index starting to show maybe a little bit more
fear overall in a for crypto which could be a good opportunity slowly buying in
and maybe dollar dollar cost averaging some Bitcoin but the overall market
currently 191 billion dollars bitcoins Allman’s 68.3% again Bitcoin had a big
move but since then it’s been relatively sideways I showed you guys the EMA
ribbon acting as support tied with the resistance that was there we are trading
in a very and narrow path with if we break below the EMA ribbon we can expect
it might come down a Tesla support again but if we do break above it we can see
Bitcoin go all the way to the higher seven thousands which would be very nice
to see as well I’m sure a lot of you guys would enjoy seeing that happen so
let’s see exactly how things play out we’re not gonna jump ahead of things
we’re gonna wait to get the right and you’re gonna wait for the confirmation
and that’s how we’re going to play that’s how I’m going to be playing that
chart but Matich is up some criterium is up a lot of all coins even the last few
days last few weeks even if they coin sideways we’ve seen some all coins
really stand out and really make some double-digit gains which is fantastic
for those of us who are looking to make some profit but overall I do think it’s
an overall Green Day we have more green that ran in the market by a significant
amount biggest loser of the day we scroll down is sensuality don’t know
much about it horizon Celie waves is there as well ways I guess the more
notable name only down 3% so nothing overall crazy definitely a green day in
the market this is big news is from the to a billion dollar Ponzi scheme plus
token that I’m sure a lot of you guys are familiar with they have just mu
a hundred five million dollars worth of etherium from their aetherium wallet 105
million dollars at seven hundred and eighty nine thousand or seven hundred
eighty nine thousand five hundred twenty-five aetherium from there plus
token etherion wallet to an unknown wall so people are saying that we might be in
foreign aetherium dump for those of you who are not familiar with that it’s it
is said that plus token is the reason we saw Bitcoin go from three thousand
dollars to a fourteen thousand dollars and that the day that the founders got
arrested all this blew up was pretty much the exact same day if not the same
day that Bitcoin hit it’s fourteen thousand dollar table so
it’s a very mixed feeling thing I see a lot of people say like it’s difficult to
say but at the same time do you kind of wish they stayed around and didn’t get
arrested so that bitcoins price kept going up but at the same time we
obviously hate seeing people lose their money and it’s difficult to it’s a
difficult situation because you get mixed feelings about it I’d love to see
Bitcoin at 100k if they brought to 100k I wouldn’t be the one necessarily
complaining that Bitcoin was at 100k but naturally that was a huge Ponzi that
blew up on and that is said to be the reason why we’re currently back on the
bearish trend right now they moved over over seven hundred eighty nine thousand
aetherium we could be singing aetherium job 105 105 million dollars i’m
aetherium if it is sold if it’s market sold on it this is the regular market
it’s going to cause a big dump so keeping out on the for that and
something else that might be interesting maybe if you set very low buy or buy
orders for aetherium so there’s some very very low ones maybe if something
happens maybe we’ll be able to actually catch a very low buy-in for aetherium if
you’re somebody who wants to accumulate more and more in theorem so different
ways to play this in terms of pro making money but also keep in mind if we see
aetherium dump this might be a little bit of the reason for then also again
the Bitcoin stuff that came out I think a lot of you guys probably heard this as
well but that’s some pretty big news and definitely causes for mixed feelings now
Iran has proposed cryptocurrency for Muslim nations to reduce reliance on the
US dollar we know that the u.s. dollar a lot of countries actually rely on the US
dollar and have reasons to keep an eye out on that but if they do decide that
they don’t want to rely on the US dollar and maybe crypto
nc is a more decentralized thing rather than have the u.s. dollar which is
obviously not very decentralized it’s tied straight to the US right so that’s
something to see come out maybe we’ll see more countries do this as well and I
Yoda have released their roadmaps or more details of their roadmaps which
does include privacy scalability and software upgrades a very cool project
that we’ve talked about along the beginning especially in like late 2017
early 2018 a lot of very big IO defense so I wanted to ask how many of you guys
are I Oh defense or hold iota or will continue to hold I order or interested
in buying iota let me know that in the comments down below right now be
interesting to see how many people are still on the IO a train or if most
people have moved away from that and are starting to find other alternatives so
let me know your guys thoughts in the comments down below but without further
ado it is Friday we’re gonna be doing the crypto giveaway that we do every
single Friday if you guys are new here make sure you guys are subscribed you’re
leaving a thumbs up on the video you’re leaving tons of comments down below of
every single video because I do a giveaway every single Friday and I want
to see as many of you guys win so do you guys have won multiple times some of you
guys I’ve seen still haven’t won once it’s crazy to me how that happens this
is I promise you a completely random generator that just picks the state of
the winner so let’s see who the winner is
for this video if the winner I had to skip the first one because the first one
was a spam comment I don’t know if you guys want me to include the spam
comments and just to prove to you guys that I’m just refreshing and clicking
pick another winner but let me know that in the comments down below as well but
the winner don’t not a clue how to pronounce this so I’m not even going to
try but congratulations all you have to do to claim it is send me a message on
telegram there should be a link down below or an email using my email in the
description of the video and we’ll make sure to get you your free crypto nice
short raid in the group thank you so yeah just before we entered that long
trade we were in a short trade that hit several profit so that was great then we
hit enter the long trade to the long trade if you were in did over a hundred
percent profit with 10x leverage right a low leverage we were able to catch a
very big move so that was very very nice but guys thanks so much for watching
hope you did enjoy again if you want to enter a chance to win future crypto
giveaways your so make sure you’re subscribed make sure you hit the like
button and you leave tons of comments on every single video that’s all that’s
required and then you’ll be entered to win guys thanks so much for watching
I’ll see you guys Monday for another video