WILL BTC BE ADLE TO BREAK THE LEVEL?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#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
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Btcusdtrade
BTC: ANOTHER BULLISH SCHNARIO!!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 channel in 1day timeframe.
We can expect a good rally from here but IMO never trust BTC in case of a breakout it’s always surprised us.
BTC breakout this 137 days resistance so most probably it will bounce
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BTCUSDT: Elliot Price action Daily Hello friends. Bitcoin seems to have reached a point after a trend where there is a possibility of a drop due to several reasons of hitting the weekly base average and weakness in the trend. There is a possibility of falling to the range of 20k, and after that the price should reach the accumulated energy towards the target of 28800, which is the final wave and wave C.
BTC: BREKOUT THIS ASSCENDING TRIANGLE!!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 breakout this ascending triangle and is currently holding this horizontal support. It has created a fake-out in the previous higher high move, so this is an important situation that it may do this time too.
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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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BTC: 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/USDT ANALYSIS
It is moving in an ascending triangle and is currently rejected from the horizontal resistance. It has created a fake-out in the previous higher high move, so this is an important resistance to observing a breakout with a successful retest for the confirmation of a bullish trend. At the same time, a sustained breakdown of the ascending triangle would be a bearish sign for it.
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USDT DOMINANCE READY TO FALL! BULLISH FOR BTC AND ALTS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT dominance breaks down this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop according to the pattern.
If it breaks this red line resistance the chart will be invalided.
stay tuned
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BTC 2 HOURS UPDTE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
As before it is creating higher highs and higher lows at shorter time frames and now after the market structure breaks, it is creating lower lows and lower highs. It is also trading in a range. The current MSB level is a close above $23655 to change the trend from lower highs to higher highs while a close below range low would be a sign of creating another lower low.
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BTC: ANOTHER BULLISH SCHNARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
Bitcoin | Another Bullish Perspective
During the last hour's price tested a very interesting area located
between 21700- 22500.
Overall it is all as expected from the previous analysis.
Actually, the price will increase the chances for the next movement if
it will manage to break out above 23600.
Until that moment the price can stay in the correction again.
Targets on the chart!
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BTC: breakout this 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 UPDATE
BTC breakout this bullish flag pattern in the 2-hours timeframe.
According to the pattern we will see really towards the $25500 so we can go for a long.
SL WILL BE SIMPLE SHORT IF ANY CANDLE IS CLOSE BELOW THE UPPER SUPPORT OF THIS PATTERN AND IT WILL ALSO INVALIDED THIS PATTERN.
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#BTC UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
As I mentioned in my previous update that BTC is forming this falling wedge pattern in a 1hour time frame and according to the pattern we can expect a 10% rally from here.
As expected BTC breakout, this wedge pattern and bounce and currently lying on the support of this 100ma RSI are showing some bullish diverse moves.
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BTCUSDT Chart AnalysisCurrently in the 1h BTCUSDT chart, BTC price is moving near the $23,400 area. After forming a double bottom and a W pattern at the $22,700 - $23,000 supply zone, and then after price rejected from that supply zone area and after breakout the upper line of the descending triangle, we can see the price started to move to upward direction. Now, BTC price is moving near the neck level of the W pattern. Other than that we can see there is a resistance line above that level at the $23,500 area.We can expect that, If the price reject at that resistance level it will be comeback again to the supply zone and if the price successfully breakout and stable on that resistance level the price will be going to upward direction.
Trading is highly risk. Always focus about the risk management. Put less than 2% of your capital and less than 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 and not as the financial advice. Do your own research. Trade carefully. Good luck!
#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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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 Emergence of new volumes on the market👉 BTCUSD Emergence of new volumes on the market
The previous forecast has fulfilled 100% the continuation of the emergence of an ascending channel
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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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