#BTCUSDT Possible area for bounce!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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#BTC UPDATE
BTC is making this big symmetrical triangle pattern and currently, it is losing this lower support.
IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around $35.3k to $35.6k
Let's see how the daily candle closes.
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Btcusdtshort
#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
My previous BTC chart has been invalidated, currently it Breakout this big flag pattern.
Now we have 35k to 34.7 as a support BTC needs to hold this if it will not able to hold the support then it can drop up to 30k.
We need to close the daily candle above 34.9k.
This is the last hope from where we can accept Bounce if it is not able to Bounce then it will drop up to 30k support.
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BTC/USDT : Second stand of bearish wave!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
We nailed our last two calls on $BTC and now I'm going to call the third and last mid-term position.
There's a formed supply candle with the order-block formation on candles body.
Also Any break above the zone, Will lead the pair to $39200, and also there's another S/R zone located below.
So based on the data we have, Everything is matched for the next bearish wave!
But the main Idea is coming from our last exclusive Analyzes on weekly TF :
Trading setup :
🔻 Entry Pointes : $36500 - $37000 - $37500
📍Targets : $35000 - $32800 - $30700 - $28800
🟥 Overall stop-loss : $39200 ( Three Candles Close )
📚 If we get caught on SL then, I'll move on and wait for the next Short entry till $42400.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 39073.00
TP: 35734.70
SL: 41221.79
Bias: Short
BTCUSDT is possessed by a selling trend . Though it shows mediocre chance for going upward, it will ultimately get down to its own established bearish trend. By considering the price pattern of the pair, our bias remains bearish.
BTC makes a correction, has a lot of energy for the next move!Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,296, if the support breaks down, the next one is $ 34,293.
Now let's move from the resistance line as you can see the first resistance is $ 39,949, if you can break it the next resistance will be $ 41,555 and $ 42,777.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4-hour interval, be careful in the hours ahead. The MACD indicator confirmed the recent drop in price as the blue line crossed the red one from above.
BTC exclusive long term update: must read!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC LONG-TERM UPDATE:
If you look closely at the first cycle and compare it to subsequent cycles, you will find that the beginning of 2021 was great for Bitcoin because it grew by almost 500% in 3 swings.
If you look at the second cycle, the price has risen at first, but later you realize that this is a trading range. In the trading range, there is a difference between the buyer and the seller.
After the failure of the trading range, the price enters a downward trend for a while and falls about 51%. You may think that this is too much and it is no longer possible for the price to return. In fact, this is not the case. It is necessary for the price and health of the market, although this decline did not happen easily,
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 two 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
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#Bitcoin Stabilizes, #BTC Resistance Level at $40.5kPast Performance of #Bitcoin
Bitcoin prices are fairly stable at spot rates, swinging within a bear breakout formation as sellers remain firm. Technically, bears have the upper hand provided prices range within last week's trade range, as per the candlestick arrangement in the daily chart. In upcoming sessions, the reaction at $40.5k and around $37.3k—marking this week's lows, would define the short-term trend.
Bitcoin Technical Analysis
BTC is within a bear breakout formation as per the formation in the daily chart, aligning with the lower BB. The inability of BTC bulls to build on recent gains and float above $40.5k is negative for optimistic bulls. The immediate term price action is defined by last week's bear bar of April 26 of which the wide-ranging bar forced BTC lower in a bear breakout pattern. Aggressive, risk-off traders can unload on every retest, targeting $37.3k and later $35k if prices continue dumping in line with last week's trend. Overall, the upside appears limited and bulls exhausted.
What to Expect from #BTC?
The BTCUSDT price action is still in a bear breakout pattern despite solid fundamentals. This overview is valid as prices are below $40.5k and range inside the April 26 candlestick.
Resistance level to watch out for: $40.5k
Support level to watch out for: $37.3k
Disclaimer: Opinions expressed are not investment advice. Do your research.
Bitcoin Roadmap Chapter 5Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in description.
Good Luck !
BTC a lot of energy, MACD shows an uptrend.Hello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,746, if the support breaks down, the next one is $ 36,180 and $ 32,875.
Now let's move from the resistance line as you can see the first resistance is $ 39,942, if you can break it the next resistance will be $ 41,524 and $ 42,790.
Looking at the CHOP indicator, we can see that we collected a lot of energy in the 4-hour interval, while the MACD indicator shows that the blue line has crossed the red line from below, which should potentially indicate an uptrend.
BTCUSDT : DANGER ALERT !!Hello All !!
Welcome to the quick update of BTCUSDT. BTC was moving in the range of 39300 to 40800 for a long time. BTC broke 39300 and tested 38200 and again pumped back to 40800 without any obstruction. It was unable to break the 40800 resistance and was rejected again taking the price all the way back to a new low of 37700.
After taking support from 37700, it again bounced back until 40700 and is currently getting rejected. In the daily timeframe, BTC is making a bear flag and may be retesting i fear.
The various scenarios as expected are given in the chart for both bearish and bullish patterns.
Scenario 1: Retest to 40800 and dump again until 37000.
Scenario 2: Enter the channel again, break 40800 resistance, and all the way up until 43000 then 48000.
Please study the chart, take care of your positions and wait for confirm breakout or breakdown of the pattern. Be safe with your positions and save your capital for the longer term.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
#BTCUSDT Possible area for bounce!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
BTC is making this big symmetrical triangle pattern and currently, it looks like it is going to touch the lower support.
IMO: Possibly a Liquidation wick is incoming, be careful if you are holding long positions on leverage.
Bulls are likely to get a nice long entry around $36.5k to $37k
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
BTC best position to GO UP!!!Hello guys,
You see last fall's fib channel and uptrend channel after that fall. 37435 was the deep of the uptrend's bottom support level.
Here comes the questions: Are we certainly going top to 50k level or What we need to go???
We have to wait for a 4 hour rejection candle from bottom. A doji candle and a full green candle to more than 38200s would be great to see it. Every indicator shows these prices as buyable.
Rsi keeps making divergences, ToneDemark is at "setup end" for 2 hours chart.
"IF NOT" I really dont want to talk about this situation for all of us's sake but in that story btc would drop 34200 so fast. Consolidate that area and would fall to 28k and 24k after that.
Please comment if you think as well or not.
BTC ranges from $ 38-40 thousandHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price moves in the uptrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 37,778, if the support breaks down, the next ones are $ 37,152 and $ 36,283.
Now let's move from the resistance line as you can see the first resistance is $ 38,393, if you can break it the next resistance will be $ 38,716 and $ 39,863 plus $ 40,349.
Looking at the CHOP indicator, we can see that in the 4-hour interval most of the energy has been used, while the MACD indicator shows a temporary downtrend as the blue line crossed the red from above and is still below it.
#BTC UPDATE monitor this price range each and every time the price of bitcoin has tried to break out of the previous support line the previous support line has always rejected the price and after that we have seen a price reiteration what I mean by that the line which previously acted at the support acted at the resistance and after that we saw this bigger price retracement again and this exact scenario is also unfolding right now in price action a bitcoin the line which previously acted as a support is rejecting the price at this current stage around 39000 price area not just only not just only this previous temporary support line what we can also do is add this falling trend line tried to break out of this falling trend line we got a rejection and now if you would add another falling trend line to the downside then you can see the price of bitcoin is forming this broadening wedge considered as a bully scenario but for that to happen here in the short term we have to overcome this obstacle the previous temporary support line lying around 39000 here in a smaller time frame and also the resistance from this falling trend line so now what we want the price of bitcoin to do break this resistance from the falling trend line and also the previous support line if do manage to do that then guys here in the short term the price of bitcoin could be showing this bullish movement to us this 40700 range because we know guys if you look at this whole price movement using this Fibonacci extension line from swing low till swing high you can see the price of bitcoin if it's going to be a breakout then we could be getting gravity difference towards this 100 Fibonacci extension line so 100 Fibonacci extension line is lying around 40800 range so that's why guys here in the immediate short term if the price of bitcoin manages to break out of this 39000 and for confirmation 40000 into support then this could be a slow move towards this 100 Fibonacci exchange line which is lying around 40800 or 40700 price range
Bitcoin's Bear Flag: More Downside Before Chance On Reversal!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC LOWER TF UPDATE
BTC is making this falling wedge pattern in a 4hr time frame currently it is looking like it will go restest the lower support.
if it breakout this pattern with confirmation then we can expect a bounce from there or rsi is showing some bullish divergence.
#BTC higher time from update
As we can see in the chat BTC does not look good here It looks like a retest of this bearish flag pattern so here we have to be careful we have 37.8k as important support.
The daily candle needs to get back into the channel for being bullish.
Be alert if it breaks the 37.8k support.
Let's see how the daily closes
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bitcoin is moving on opposite side after breaking flag patternBTC is moving on opposite side after breaking flag pattern. We can see the unusual ups and downs from 4-5 days which are unexpected.
That's why it is confusing. So it's better to avoid from trading.. because BTC is not crossing resistance as well as support zone properly.
If you take any trade use low fund margin.
Best of luck to all🥰
BTC/USDT : Moving into a falling wedge!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC short and simple UPDATE
BTC is making this falling wedge pattern in a 4hr time frame currently it is looking like it will go restest the lower support.
if it breakout this pattern with confirmation then we can expect a bounce from there or rsi is showing some bullish divergence.
Let's see how the daily candle closes
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Would also love to know your charts and views in the comment section.
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BTCUSDT - up and downI have been viewing the last weeks (since the Jan low) as a reversal pattern, with higher highs and higher lows on a weekly and daily time frames. We are currently trading under significant multiday averages (20, 50, 100), and bounced off the 38200 level.
The current channel looks like a giant bear flag. We might break down further from here towards 36k and then 30k.
I am not short yet, and I am hesitating to go short due to the fact that I am fearing rally here. The reason I am expecting this rally is because in this channel, which looks like a giant bear flag, we have been creating higher highs and higher lows on the weekly time frame. We are not on the lower border of the channel and unless we brake below it soon I dont think we will see 36k for some time.
I will place a pending short @ 38700.
SL 40000
TP 38000
I will also place another pending long @ 39600
SL 39000
TP 42600