One day. Yeah, we have a wonderful situation.
The candles have fallen below all indicator lines and below the cloud.
The red dot on the volume flow indicator has been there for days.
Now we have a gray cross on the SQZMOM with the indicator being
in its bearish half. At the very least it is a test of the lower boundary of the old downward channel.
And then lower still.
Btcusdtshort
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 BEAKDOWN THIS BEARISH FLAG PATTERN!! 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 breakdown this bearish flag pattern in the daily time frame and currently retesting it.
if it retests this pattern successfully then 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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BTC Breaking The Big Ascending ChannelBitcoin/USDT has broken the ascending channel the past day and has broken also the critical support at 22572 USDT (RED LINE), leading the pair to come down and retest some lower prices.
In the main time BTC is standing between the previos broken support level at 22572 USDT that was flipped as a resistance for the pair now, and the next support level to watch at 20800 USDT (GREEN LINE).
If the price keeps going lower, the second level to watch after a breakout and close blow the first support level would be at 18876 USDT, and with that the pair would flip the first support marked by the green line to resistance and move to the next support (BLUE LINE) at 18876 USDT.
A breakout and a close above the current resistance (RED LINE) will invalidate everything.
BTC MUST NEED TO HOLD THIS 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 trading under this channel and currently holding above 216500$ support
we have strong support at $21650k and BTC must hold this support line by any means. We can expect a bounce anywhere close to the support range only if BTC manages to stay above the $21k range. Dropping below this range will be critical.
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BTCUSDT: The big collapse began?Hello, everyone.
The cryptocurrency market prices has started to collapse.
BTC price also has all chances to slide into the abyss, if the big 5 wave scenario will be realised in the next few days.
In general, if we talk about the possible end levels of decline, it is worth considering the possibility of panic sales, that may subsequently lead to a decrease in the price of BTC to the flesh of $11,000 and lower.
I do not like that the price did not reach the channel border in wave 4 on the logarithmic scale, so I continue to considers the scenario with the price stopping at $19,500 and a sharp rise above $25,000 too.
In the current situation I recommend to trade very carefully, as it is very difficult to predict the future behavior of the BTC price.
BTC: BREAKS DOWN THIS RISING WEDGE PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
Bitcoin breakout this rising wedge pattern in a 4hours timeframe.
we have 22750$, 21600,19k as support.
According to this pattern, BTC will drop up to the lower support which is around 19k.
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BTCUSD: Waves Count UpdateMade adjustments to the count of wave levels for a possible strong impulse movement.
Overall, the situation remains as uncertain as before: my bets on both scenarios are 50/50.
However, I plan to work within a trading plan for the local scenario with the end of the correction in wave 2.
BTCUSDT: WTF?....Hi everyone.
The price of BTC is still in a difficult situation, when the price movement does not meet short-term expectations.
In my opinion, now the situation is 50/50 and no matter what anyone says, the further dynamics will be accompanied by working out of some patterns.
Even now, as well as earlier, I'm still inclined to the formation by the price of the wedge model, which most likely has not come to the end yet.
The bulls' mood is worsening because of geopolitics and the situation with the crypto-giants, which are hanging over the debt abyss to investors and other institutions.
However, market-makers are in no hurry to launch an avalanche of sales yet, which also leads me to certain thoughts about false pressure based on industry news.
All in all, I recommend watching the price closely and being guided by facts and good market models to plan your trades.
Good luck
You better run away now...I believe I've explained everything on this chart, but here's what I think is happening:
BTC is about to drop even more. First supports are ~41k. Then we may fall to sub 40, then 30-28, and the bottom I can't believe may be even below 20k. BTC after every new ATH fell over 80%. That would be ~14k...
You may want to get away now. Just be warned. Death cross is coming.
I can see a little possibility to grow a bit more. We must defend 41k, and then break through many levels, but road to the new ATH ~70-80k would be open. But this is very unlikely ATM IMO.
What is more important now - we've just copied the 2013 scenario.
BTC made the first top in April, dropped, 3x touched EMA 50, and after 230 days made the new ATH. Just like in 2013.
I've marked all the similarities I've noticed, just look.
To understand the situation even more go to the related Idea from 3.12 down below.
We have falling price, falling volume,
H&S pattern and rising wedge - here explained
RSI created a pattern that is also convincing me we're more likely to drop.
What your opinion?
Anyway trade with caution!
BTCUSDT ! Key level is broken, Very bullish candlesticks Last 1 month Bitcoin was wrestling with the key level; $24,500. But it broken through on Aug 12th. The resistance level tested three times before gravestone doji candlestick formed which indicates the resistance line had broken and it became support line. As once was the strong resistance line becomes support line, it gives traders confidence to take long position.
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BTC 1DAY UPDATE !
BTC has formed a ascending triangle pattern and is breaking out of its ascending triangle pattern to the upper trade line. We can see if ya situation is there.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
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.
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 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
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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.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#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
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you