#BITCOIN | JUST BUY THE DIP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Bitcoin Bears have been in Complete Control Since November 2021 (+60% Correction so far) Seems like Bitcoin is Bottomed out & this is the last DIP Before #BullRun2023
Bitcoin has been Consolidating in EXPENDING TRIANGLE Since January 2021.
BTC Closed above the 200 Weekly MA, This is good news for the bulls.
Keep in mind that Always wait for Breakout & Candle to Close for Confirmation.
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Btcusdtoday
BTC IS STILL TRADING INSIDE THIS CHANNEL!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
BTC is at the support of this 100ma support so it can bounce from here but if it breaks this support then it drop up to the mid support which is around $22k to $22,300
MACD crossover is showing bullish momentum. A successful breakout above the range high is the confirmation of a bullish move, while continuous rejection will take it to retest the mid-range again.
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BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTC: need to break 24k resistance for more bounce!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
It bounced from the order block after doing deviation below the mid-range and currently it is facing range high resistance. MACD crossover is showing bullish momentum. A successful breakout above the range high is the confirmation of a bullish move, while continuous rejection will take it to retest the mid-range again.
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Bitcoin potential correction downHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC Bearish Flag formation in 1D timeframe..!!
So far, So Good but In the Worst Case, If the Flag is Broken Downside, Expect Bearish Wave towards the 14k.
If BTC breaks this red line resistance then the chart will be invalidated.
1. The key support area of $ 20900- $ 20746.
2. $20900-$20746 were broken, it will keep falling to test the lower edge of the box and the key support of the month.
3. The key support of the month has diverted to $18317.41, which either holds and sees the price jump up to break the turning point and go up higher OR is broken and BTC plunges further.
Fed’s rate hike expectation: +75bp (77.5%) / +100bp (22.5%)
Previous stats: 1.75%; expected target rate: 2.5%-2.75%.
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BTCUSDT Chart AnalysisCurrently BTC price is $21,410.49. In the 4h chart, previously it's reject from the $23,000 resistance level and breakdown the lower level of the descending triangle. Now retest the 21,000 support level and the lower level of the descending triangle. Other than that current price movement near the 0.618 support line of the Fib Retracement . RSI indicator shows the upward movement from the oversold area. If the 4h candle close above the lower level of the descending triangle we can hope upward movement from that level.
Trading is highly risk. Always focus about the risk management. Put less than 2% of your capital and less than the 10 trades per day. 1:2 Risk reword ratio is appropriate. Keep more than 50% win rate. These things are according to my knowledge. This is only for the educational purposes not a financial advice. Do your own research. Trade carefully. Good luck!
#BTC UPDATE #BTC/USDT ANALYSIS
It breakdown mid-range and currently holding above the mid-range and golden pocket. If it is retested successfully below the mid-range and breakdown the order block then there is a possibility of testing the ascending trendline or the previous lows.
stay tuned
Do not consider financial advice.
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#BTC is forming bullish flag pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT UPDATE
BTC is lying on the support of this $21550 to $22000 level and it is forming this bullish flag pattern.
we can expect a bounce from there but if it breaks down this support then it will drop up to lower support of this channel.
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BTCUSD ! Medium termHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT UPDATE
BTC is trading below this 94-day's resistance
bullies need to BREAKOUT THIS RESISTANCE
to rally from here.
we have $21550 to $22000 as support or we have 200 ma as local support.
IMO it is better to wait for a breakout or break down I will recommend not to take leverage trade in this situation.
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BTC: Will this Bearish patterns will be invalided!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
It is retesting above daily support level after clearing liquidity above it. As it has done break of structure after giving a close above the previous HH region. So there might be a possibility of creating another higher low before an upward move, if it give a successful retest above the marked support levels.
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BTC exclusive long term update!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC LONG-TERM UPDATE:
As we can see in the chart BTC is forming a similar pattern as lest it makes it in the S2 down trend and currently it is making this big falling wedge pattern.
BTC breakout this falling wedge pattern so we are expecting a bounce from here.
This was one of the reasons why fear entered the market and the price entered a downward trend
In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000.
Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly 10 months, plunging the entire financial market into fear. Secured assets, such as gold or oil, are why we are seeing them grow these days.
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days.
Next, ATH is expected to happen in the next 2years from November to December 2024.
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#BTC breakout this Descending Broadening Wedge!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
Bitcoin breakout this Descending Broadening Wedge in 12hr timeframe .
We can expect a good rally from here but IMO never trust BTC in case of breakout it’s always surprised us.
Majority of Traders/Influencers were Talking about 10k-12k-14k in case if BTC did fake out this breakout.
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BTCUSDT - ocean of blood What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BTC/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC
BTC did a decent bounce and currently, it is trading above the horizontal resistance.
For confirmation, BTC needs to close this 4houes candle above this horizontal resistance.
So let's see how the 4-hour candle closes
If this 4hour candle closes above this horizontal resistance then as expected it will rally towards the $23.3k.
Stay tuned
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Rising wedge on BTCUSDT 4 hour chartObserved rising wedge (yellow colour lines) pattern on BTCUSDT/4 hour chart
Upper side of the wedge is the resistive zone (21785-22170)/rough values
Below side of the wedge is the supportive zone (18150-18770)/rough values
Price either will hit resistive zone and go to down side(To continue rising wedge pattern)
OR
Price will break the resistive zone and go upside. (To break the market structure).
BTC long-term: POTENTIAL SCENARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC LONG-TERM UPDATE:
BTC took a massive dip of about 85% again to reach a new bottom within a duration of about 396days (About 1 Year) of Bear market. The drop ended in the month of January 2019 which make the January to be a special month from my research.
After, the achieved bottom of 3081$ in January 2019, Bitcoin price begins to rally for a new ATH again, which break the previous high. This rally so far had taken about 1035days (2yrs, 8months) with a fresh ATH of 69270$. This ATH was achieved in November 2021.
This was one of the reasons why fear entered the market and the price entered a downward trend
In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000.
Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly 7 months, plunging the entire financial market into fear. Secured assets, such as gold or oil , are why we are seeing them grow these days
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days.
Next ATH is expected to happen in the next 2years within November to December 2024.
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BTC: IS STILL TRADINGNG INSIDE THE TRIANGLE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
It bounced after hunting stops below the channel support by liquidity grab wick and now it is again back in the channel.
It has also respected the previous higher low and it is creating lows in ascending order. Further consolidation can be expected inside the channel until we see a successful breakout.
Bounced nicely, looks like we can see a rally towards $23200 soonish if the support holds.
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Bitcoin | Accumulation Phase Continues!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC (Update)
Bitcoin is forming Descending Broadening Wedge in Daily timeframe .
Majority of Traders/Influencers are Talking about 10k-12k-14k But imo, Bitcoin will Remain 18-22k S/R Range for Next Few Weeks & Broke the Broadening Wedge in Mid August & hit the 28k-30k Key Resistance in Late August/Early September So Keep Accumulating the #Bitcoin.
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BTC BEARISH PENNANT PATTERN📈BTCUSDT | Lately, BITCOIN has made majority to be contingent and as a result of that, different critiques were disseminated and investor are starting to trade based on sentiment and leveraging the opportunity of btc trading low. DCA is very vital at this juncture as it is an excellent approach of buying during bear seasons. Ever since bitcoin made its way to $19k, we've seen a various setups on the lower and higher tfs. The present chart shows a bearish trend with btc trading at the exit(higher low-HL) of the specified bearish pattern. In this case, we will consider its reaction at the bottom of the pattern, the possible movement has been indicated on the chart. If $18k holds (which is unlikely), BITCOIN will tend to consolidate in a RECTANGULAR PATTERN until we get to see a breakout at the top and bottom of the pattern which are $23k and $18k respectively. Else, BITCOIN will continue its retracement to the next support level btw $12k - $14k.
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