BTC: Breakout this inverse head and shoulder 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 the neckline of this inverse head and shoulder pattern and currently lying on the neckline as support so a grounding to the pattern we can expect bounce up to 25%.
Let's see how the market reacts in a few hours.
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Let's see how the market reacts in a few hours.
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
Btcusdtsignal
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 20578.61
TP: 16251.01
SL: 23844.73
Bias: Short
We are hopeful the the pair will drop and before further move it can adjust the current price level which will potentially make the entry point difficult. However, our bias is short and we expect a sell trade.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21015.74
TP: 16119.37
SL: 24568.01
Bias: Short
The price actions of the last few days show that the pair is trying to recover from the sharp fall that it has experienced recently. We do not see any quick come back from the fall. Our bias is bearish and we expect a better shorting opportunity.
BTC is holding above $20,000 as global global market openCheck out my previous long on BTC BTC is holding above $20,000 as global markets open in green. Bitcoin is trading in the range now where $21,000 is working as resistance and $19,650-$19,750 working as a support level. If BTC is able to break above $21,000 then we see a move towards the major resistance of the $23,000 area. If BTC breaks below $19,650 then we see more downfall in the market. Trade with tight stop loss and wait for BTC's next move.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21079.76
TP: 17540.63
SL: 24063.85
Bias: Short
The overall trend of this instrument is bearish . A bearish movement spree is going on. There is no hope of coming back so easily or early. We are waiting for a more aggressive drop from the current price level.
#BTC FORMING BULLISH EXPENDING TRIANGLE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
BTC UPDATE
#BTC is forming this bullish expanding triangle pattern currently retesting according to the pattern we may bounce up to 21% from there but we need a successful retest.
RSI is showing some bullish diversion moves.
Let's see how the market reacts in a few hours.
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BTCUSDT EFFECTS ON ITS TREND PATTERNSBITCOIN | From july 19,2021 till date, btc has apparently formed three bearish pattern which has been identified on the chart. The head and shoulder pattern has completed its cycle but then btc still continues with bear sentiment due to the breakdown at the resistance level($43.03k) which is the weekly support and the continuous bearish patterns formation. The only save for btc is the third pattern which is the ascending triangle that could prone btc to retest the weekly resistance for the second time,in the event it breaks, a huge uptrend is likely but if gets rejected again, we'd definitely see a nosedive in the whole crypto mkt as btc will look forward to the area that needs to be retested before we see a trend reversal. The minor and key s/r levels have been highlighted on the chart, its advisable to keep tabs on the highlighted areas to be cognizant on the next move to avoid liquidation.
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#BTC long-term exclusive update:must read!! 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.
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 to this chart, Do not consider it as financial advice.
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.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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#BTC SHORTER TIME FRAME 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 make this falling wedge pattern currently, it is holding the lower support of this pattern, A sustain break down or breakout will confirm the next move of BTC.
We can long BTC with Sl of 18k
Stay tuned
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BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21010.37
TP: 17803.23
SL: 23507.11
Bias: Short
We believe better shorting opportunity await BTCUSDT. To survive in the financial market, BTC must set an equilibrium between its intrinsic value and extrinsic value or the whole system may collapse . Investors are doubtful about the future of BTC which may end the history of BTC but not crypto currency. BTC should move to more reasonable pricing which is nothing but a bigger drop.
#BTC DAILY TIME FRAME 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.
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 to this chart, Do not consider it as financial advice.
#BTC UPDATE
BTC make this descending channel pattern in a daily time frame, currently holding above the the lower support of this channel so we can expect a bounce from here up to the upper resistance of this channel.MACD crossover is loosing bearish momentum. RSI is in the oversold region, showing hidden bullish divergence.
If it breaks the lower support then the chart will be invalided.
Stay tuned
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BTCUSDT ShortTime Frame: 30M
Symbol: BTCUSDT
Entry: 23588.35
TP: 22145.06
SL: 24922.72
Bias: Short
The price level of this instrument will slide down to a new level because of the current market instability. Actually the analysts do not see any future for BTC now and it has to succumb to a strong rejection by traders and the outcome will be a stronger down trend.
BTCUSDT Channel AnalysisNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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Channel Analysis
Beat is currently testing its four-hour pay channel, breaking down
If I succeed in the test, I will go down further, and if I fail, I will go back into the channel and try to go up again.
#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.
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 to this chart, Do not consider it as financial advice.
#BTC UPDATE
It rejected from mid marked horizontal resistance and currently holding above the horizontal support. Point of control is acting as resistance. MACD crossover is loosing bearish momentum. RSI is in the oversold region, showing hidden bullish divergence. We've to observe some price action here to confirm it's next move.
Stay tuned
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Thank you
BTCUSDT LongTime Frame: 4H
Symbol: BTCUSDT
Entry: 30550.67
TP: 33054.92
SL: 28837.24
Bias: Long
The fundamental and technical analysis of this instrument suggest that there is a medium probability of rising up from the current price level. Considering the trend factors and the indications ,our bias is to go for a long trade. Precautions must be taken before trading any low volatility range.