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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Btcusdtrade
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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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 $23.3k.
Stay tuned
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BTC long-term: POTENTIAL SCENARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC LONG-TERM UPDATE:
BTC took a massive dip of about 85% again to reach a new bottom within a duration of about 396days (About 1 Year) of Bear market. The drop ended in the month of January 2019 which make the January to be a special month from my research.
After, the achieved bottom of 3081$ 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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Bitcoin: Did fake out! What's Next?Hi 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 Worst Case, If Flag Broken Downside, Expecting Bearish Wave towards the 14k.
If BTC breaks this red line resistance then the chart will be invalidatedd.
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BTC: DO OR DIE SITUATION!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
BTC closes the candle below the lower support of this triangle currently retesting.
we need to close this candle inside the triangle and make this breakdown a fake-out.
let's see how the market will react in a few hours.
stay tuned and pin our channel at the top.
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Bitcoin: More Downside Before Chance On Reversal!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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BTC long-term exclusive update
As we know there are too many negatives in the world right now regarding BTC! People are extremely fearful but if you guys need a totally useful update then read this total update.
Not to do it complex we will do it very simply if we see it in the weekly chart if we just draw a line to make support we can see that we have the strong support of 11k to 12k.
In the first pump, BTC bounced from the trendline but in the second and third pumps, BTC holds the 200ma after last 2018 this first time BTC broke below the 200ma currently BTC is trading on the horizontal support of 19k to 20k we are expecting a bounce from here up to the shorter time resistance of 27k to 28k and then we will reject and drop to the lower support which is around 11k to 12k.
If it is not able to bounce and break the 19k to 20k support then it will directly go to the low trend line .
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BTC: POSSIBLE SCENARIOS!!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 hunted stop losses above the previous high and got rejected from the ascending channel and horizontal resistance. There is a good support at channel middle line and it might bounce from there, while further consolidation can be expected inside the channel until we see a successful breakout.
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#BTC: What will the next move? Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
After breaking out symmetrical triangle, we have seen a good bullish volume in it and currently it is facing horizontally resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance is the confirmation of continuation of further bullish the trend in it.
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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/USDT
BITCOIN strong consolidation going on at $20k level, this can't go on forever, triangle primed to break to upside or downside. But RSI is printing bullish divergence though.
It is trading inside a symmetrical triangle so BTC update is still the same that a breakout or breakdown will decide the next move.
BTC going above $21,800 makes a higher high, and going below $18,800 makes a lower low, and the next move likely sets the direction forward.
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#BTC/USDT SHORTER TIMEFRAME UPDATE!!!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 after doing a successful retest above descending trendline and accumulation zone. Currently it is facing horizontal resistance from where we have previously seen a liquidity grab. We've to wait for a solid break above horizontal resistance to confirm the continuation of bullish trend in it.
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#BTC/USDT UPDATEHi 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.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC/USDT UPDATE
BTC is still holding the lower trend line of this triangle.
So, we are expecting some bounce up to the upper resistance in case any 3 hours candle closes below the lower trend line which will invalid the chart.
In a shorter timeframe, BTC is making this descending broadening wedge pattern
Let's see how the market will react in a few hours.
Stay tuned and pin our channel at the top.
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#BTC FORMING THIS BEARISH PENNANT PATTERN!!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 making these two patterns in which one is bearish and one is bullish.
BTC is forming bearish pannent in 6hr timeframe
If pannent broken downside then is ready for another 30% bearish wave.
Let’s look at the bullish scenario BTC is also forming a symmetrical triangle pattern which is bearish and bullish both depending on the breakout or breakdown.
In this case, if BTC breakout this triangle pattern then we can expect a 25% bounce or the same as break down.
So let’s wait for a sustain break down or breakout will confirm the next the move of BTC .
Let's see how the market will react in few hours.
Stay tuned
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#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.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
BTC breakdown this symmetrical triangle pattern with successful retest so an according to this pattern we can drop up to 15k level but we have 18k as local support.
Let's see how the market will react in few hours.
Stay tuned
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