BTC/USDT UPDATE
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
#BTC/USDT ANALYSIS
After the breakdown of the 28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from 17.6K level bulls continuously defend that level by creating each higher low in ascending order.
Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
#BTC/USDT ANALYSIS
After the breakdown of the 28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from 17.6K level bulls continuously defend that level by creating each higher low in ascending order.
Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.