BTCUSDT
Bitcoin support levels - 20500$ and 20000$ strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - $21300$ and 21900$ strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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After getting rejection from 50 EMA on daily timeframe, Bitcoin is trying to test the resistance again therefore we need to see bitcoin's upcoming movement, Bitcoin would have higher probabilities to move to the upside if Bitcoin closes above 50 EMA on daily chart. Bitcoin dominance is going down which was the reason altcoins performed better than bitcoin.
Btcusdtrading
#BTC UPDATE 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 local support which is around the $20300 level and currently BTC facing 100 ma as resistance
if we break out this 100 ma resistance and closer the daily candle above it then the price of BTC may rise to 24.7K$.
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Will BTC continue the downward movement?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC Update
#BTC is trading inside this descending channel, and as long as BTC trades inside the descending channel till that BTC will keep falling, To change the trend reversal BTC needs to break out of this channel.
BTC is forming this descending triangle pattern since 145D, as we know this is a bearish pattern, but to conform to any move we need a breakout or breakdown of this pattern.
Support:- 18700$ TO 19000
Resistance:- $20300,$21500,22500
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BTCUSDTCRYPTO MARKET
Pakistan Time: 05:30 AM
Bitcoin support levels -19,000 and 18600 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 19,500 and 20,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds kay sath.
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Analysis
BTC support is at 19,000 and resistance is at 19,500. BTC daily candle was RED closing at 19176, 198 less than the previous closing.
During weekends volume is low as mostly all global financial markets are closed.
BTC below EMA 20/50/100/200 both at 1 hour and 4-hour timeframe. However, at 15 minutes timeframe, BTC is trying to take support from EMA 20 and a break towards 19355 can lead to 19500 resistance. However, if EMA 20 support does not take place testing towards 19000 support will also be possible. Trade carefully and manage risk according mentioned support and resistance levels.
#BTC is at support, 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 UPDATE
BTC is still playing into this ascending triangle pattern currently it is at the lower support of this pattern IMO BTC will bounce from here but in case any candle closes below this lower support of this pattern then the chart will be invalid and then it will drop towards the lower support which is around 18k.
Stay tuned and don’t forget to like this chart.
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#BTC is still trading in this ascending triangle 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 is still playing into this ascending triangle pattern currently it is at the lower support of this pattern IMO BTC will bounce from here but in case any candle closes below this lower support of this pattern then the chart will be invalid.
Stay tuned and don’t forget to like this chart.
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#BTC is forming this ascending triangle 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 is making this ascending triangle pattern currently it is at the upper resistance of this pattern IMO we may drop one more time to the lower support of this pattern and then we can expect some good bounce.
We do confirm this pattern we need a conform breakout and retest of this pattern then we can expect a 12% bounce according to the pattern.
Stay tuned and don’t forget to like this chart.
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#BTC 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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#BTC/USDT ANALYSIS
BTC is on the verge of a long-descending trendline. MACD crossover appears to be bullish. RSI is indicating bullish divergence. 2017 bull run high is acting as key support. October is generally a bullish month, yet the most significant is an effective breakout to look for the bullish affirmation.
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BTC Market Analysis 29/09/2022BTCUSDT pumped after the breakout of its symmetrical triangle but later it got rejected from the horizontal resistance which was also the main target of this symmetrical triangle. Currently $BTC is now trading above its key support levels which are marked in the chart i drew above.
If we see some Bullish Momentum here then there will be a bullish sign for BTCUSDT and overall ALT markets, on the contrary if there is a succesful breakdown below the current demand zone, it will then confirm a bearish move in the BTCUSDT and overall cryptomarket.
Let me know what you think!
MetaFutures.
#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
BTC is forming this expanding triangle pattern in the daily time frame.
currently, at the lower support of this pattern, we can expect a bounce from here according to the pattern but In case a daily candle closes below this lower support of this pattern will invalidate this pattern.
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Thank you
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.
Thank you
#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 UPDATE
BTC is making a descending triangle pattern which is a bearish pattern but we have these two important support 18.8k and 17.8k. If it can hold this support then we can expect a bounce back soon.
If BTC breaks down and closes below this support level then the descending triangle will play its part.
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#BTC AND USDT DOMINANCE COMPARISON!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction.
Tether Dominance
- Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different.
- It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time.
- Since Tether (USDT) is a stablecoin that tracks the USD, an increase in Tether's dominance suggests a pullback or correction in cryptocurrencies.
- A simple way to understand it is to think of USD flowing in and out of the market.
- On the other hand, if Tether's dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market.
- If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black).
- Key support and resistance zones for Tether dominance are marked as well.
- As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards.
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#BTC SHORT TERM UPDATE 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, BTC broke this bearish flag pattern in the daily time frame currently, it looks like retests of this pattern which is not suitable for the whole market, according to the pattern it can drop up to 42%.
In a shorter time frame it lying on this local support and it is making this expanding triangle pattern we expect son pule back from here.
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BTC: retesting this flag pattern! which does not look goodHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
BTC breakdown this bearish flag pattern in the daily time frame.
currently, it looks like retests of this pattern which is not good for the whole market, according to the pattern it can drop up to 42%.
In case a daily candle closes inside the flag pattern then the pattern will be invaded.
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🦄 Time to make money BTCUSDT😱🦄 Time to make money BTCUSDT😱
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#BTC is at resistance, 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(Update)
if we look at the daily time frame BTC is at the resistance of $21500
As I always say to wait for confirmation so this time too we have to wait for a conform breakout but in case it got rejected then it will drop up to the lower support which is 18500k
we need a breakout of this big descending channel if in case of big really
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#BITCOIN Bulls Have been Defending the Crucial Support..!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
BTC is still trading inside this bullish falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 17%.
RSI is making this bullish divergence move
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#BTC is forming this bullish falling wedge pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
If we look at the 6-hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 17
%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
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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 is forming this expanding triangle pattern in the daily time frame.
currently, at the lower support of this pattern, we can expect a bounce from here according to the pattern but In case a daily candle closes below this lower support of this pattern will invalidate this pattern.
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.
Thank you
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.
Thank you