BTC IS READY FOR ANOTHER MOVE!!
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.
Welcome to this BTC /USDT update. In my previous BTC update, I told you that if BTC does not hold 100D MA (
42K) then be ready for 38k-
39K so everything goes as planned so far.
So what I'm expecting now?
As you see in the chart, BTC is trading inside a rising channel and currently sitting at the lower level of the channel. In the past scenarios, we have seen BTC bounce many times after hitting the lower level of this channel. So I'm expecting a bounce in the market from this level and making another Higher low.
If any daily candle closes below this channel then this scenario becomes invalidated.
Let's see if BTC holds the39K level or not.
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
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.
Welcome to this BTC /USDT update. In my previous BTC update, I told you that if BTC does not hold 100D MA (
42K) then be ready for 38k-39K so everything goes as planned so far.So what I'm expecting now?
As you see in the chart, BTC is trading inside a rising channel and currently sitting at the lower level of the channel. In the past scenarios, we have seen BTC bounce many times after hitting the lower level of this channel. So I'm expecting a bounce in the market from this level and making another Higher low.
If any daily candle closes below this channel then this scenario becomes invalidated.
Let's see if BTC holds the
39K level or not.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
Register on Bingx and trade with me: bingx.com/en/invite/B63M4M/?ref=B63
Register on CoinW and trade with me: coinw.com/front/affiliate?agentKey=CryptoMOJO&lang=en_US
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Register on CoinW and trade with me: coinw.com/front/affiliate?agentKey=CryptoMOJO&lang=en_US
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.