IS BTC is GOING TO RETEST THE 34.5k LEVEL? Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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BTC/USDT ANALYSIS
It broke down ascending triangle and currently trading below it. EMA'S are acting as a resistance. MACD crossover is showing bearish momentum. RSI is in the oversold region. We can expect further downtrend in the market, if it retested successfully.
Let's see how the market reacts in few hours.
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Btcusdtoday
BTC/USDT LOWER TIME FRAME ANALYSIS Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Currently, BTC is facing these two levels of resistance if we broke those two levels of resistance then we can expect A Bounce up to 45k level.
EMA'S are acting as a resistance. MACD crossover is showing bullish momentum. It might bounce from here or we've to wait for a sustained breakdown to confirm its s bearish move.
Let's see how the market reacts a few hours.
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BTC/USD 1 DAY ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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In a higher timeframe, BTC is making this ascending triangle pattern now it is lying on the support of 48.8k level.
First scenario: In this scenario, we have a higher chance that BTC can Bounce from here up to 45k how the market reacts in a few hours.
Second scenario: If BTC breaks this 48.8k level and the downer support level of this ascending Triangle then it might very bearish.
RSI has entered into the oversold region. A sustained breakdown is a bearish sign for the market while a bounce from here will be a bullish sign.
Let's see how the market reacts a few hours.
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BTC/USDT 4 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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My previous BTC chart has been invalided currently it is lying on the support of 38.9k - 38.6k.
We are expecting a bounce from here but if it breaks and closes below the support then it can drop up to the 38k level.
RSI has entered into the oversold region. A sustained breakdown is a bearish sign for the market while a bounce from here will be a bullish sign.
Let's see how the market reacts a few hours.
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BTCUSDT CONSOLIDATION PHASEBitcoin has successfully made a retest at the edge(bear flag's support area) but the major support area at $36.4k has been incredibly holding from seeing a crash in crypto. This major support area is registered as a checkpoint in the event of unexpected crisis, if btc can stay afloat the minor support at $39.3k this could be an ignition of a new bull season. Be patient enough to wait for confirmation of a daily close above or below the indicated trendlines before taking a position. Anticipate for new technical analysis on alt coins with huge potentials.
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BTC/USDT 1 DAY ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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In a higher time frame, BTC is making this ascending triangle pattern but it's not confirmed right now.
The daily candle has closed above the 41.8k resistance level now we are expecting a bounce from here up to 45k resistance level.
We have 100ma as a local resistance which is around 23.4k, let's wait and see price can break the ma or not.
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WILL BTC BE ADLE TO BREAK THE 45K LEVEL?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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As per my previous BTC chart, as I mentioned that BTC will break this falling wedge pattern and then it will bounce up to 41.5K level
Currently, it is facing 41.5k level resistance.
Here we have two scenarios.
First scenario: for bullish momentum BTC needs to break and close the 4-hour candle above 41.5 k resistance level.
Second scenario: If BTC I will not able to break the 41.5 K label then the chart will become invalid but we have 50ma or 100ma as local support.
Let's see how the market reacts a few hours.
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Bitcoin Seems Sideway.. ALTCOIN BUY?
Here I'd like to tell you my opinion about BTCUSDT. The Bitcoin market seems to be sideways for the next few days, but there is a slight upward trend. IF, the bitcoin price can hold above the 36,000 - 37,000 area. So, you could follow this trading strategy, disclaimer: get off from market before March 15-16 2022. The market could be very volatile because of FOMC Meeting. On other hand, I didn't see any good information about the conflict in Russia in Ukraine. if you consider your money management and trading plan I suggest you not open any trade at FOMC Meeting.
Leverage: 3x (1-3% Margin)
Buy: $38,900 - $37,500 - $36,700
Sell: $40,100 - $41,600 - $43,000
That's all. Update in next week.
Extra: if you wanna open a buy/long position in any Altcoin(ETH, BNB, SOL, ADA, XRP, etc.) keep in mind to check BTCDOMUSDT. BTCDOM up, don't go for alt. if there is a downward trend at BTCDOM you could buy Alt.
CAN BTC BREAK 39.5k LEVELHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC is still under this falling wedge pattern, yesterday BTC make 39547k high but it got rejected from there.
currently, it is facing the upper resistance of this falling wedge pattern.
Here we have two scenarios.
First scenario: BTC has $37 - $37.5 as a strong support level so so we can expect a Bounce from here.
Second scenario: If BTC will not able to hold the $37 - $37.5 level support then it can drop up to $34.5 level or we have some local support around 36500 level.
Let's see how the market reacts a few hours.
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IS BTC is GOING TO RETEST THE 34.5k LEVEL?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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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 an
In a shorter time frame, BTC is making this falling wedge pattern.
In case of a breakout, we expect a 10% bounce.
we can see some bullish indication on RSI
Let's see how the market reacts a few hours.
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BTC/USDT 12 HOUR ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
It is currently above this support, MACD crossover is showing bearish momentum. RSI just entered the oversold region. We can expect a bounce from the current support. If we see a sustained breakdown then this would be a bearish sign.
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BTC/USDT 1 DAY ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
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In a higher timeframe, BTC is making this ascending triangle pattern now it is lying on the support of 48.8k level.
First scenario: In this scenario, we have a higher chance that BTC can Bounce from here up to 45k how the market reacts in a few hours.
Second scenario: If BTC break this 48.8k level then we have this download support Level of this ascending Triangle
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BTC/USDT 12 HOUR ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
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As expected BTC got rejected from the 45k level and retest at the 42k level.
BTC break the 42k level but it's not yet confirmed.
First scenario: If BTC 12 hour candles close upside the 42k level then we can accept the first bounce up to 45k level.
Second scenario: If BTC closes the 12-hour candle downside the 42k level with confirmation then we can accept a drop up to $46500 level.
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CAN BTC BREAK 45k LEVELHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC update: Once Again, Price got Rejected by the 45k Resistance level
As I already said in my previous chart BTC Might Retest the upper Trend Line of this bullish expanding Triangle Before the Next Bullish Wave.
so, let's see how the market reacts in a few hours
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BTC/USDT 12 HOUR ANALYSISHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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BTC breakout this symmetrical triangle pattern now it will come back to retest the upper resistance of this symmetrical triangle which is around 42k.
so, let's see how the market reacts in a few hours
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BTC/USDT Break above 40k! what's next?Welcome to this quick update, everyone.
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As per my second scenario, BTC went up. Now it is around $43200 it is having $40 - $40.5 level as resistance.
First scenario: we may re-test 42k and then we are expecting a Bounce up to $48k but we have some local resistance as $46k.
Second scenario: If we do not go for a retest at the 42k level and break the 44k direct then it can Bounce up to local resistance.
Second scenario: here we have $38800 level as local support if BTCUSD break and closes downside this level then we are expecting a drop up to $36500.
What's your thought on this?
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#PEACE
BTC/USDT 2 HOUR ANALYSISWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
BTC fell yesterday because of Putin's tweet. now it is having $38800 as a resistance.
First scenario: if BTCUSD break and close above the $39.5k-$40.5k level then we are expecting The first Bounce up to 45k level.
Second scenario: here we have $38800 level as local support if BTCUSD break and closes downside this level then we are expecting a drop up to $36500.
here we have 100 ma as a local resistance.
Let's see what happens. Also, keep a close eye on war-related news because if Putin really starts nuclear war then no one has any idea what's going to happen.
What's your thought on this?
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#PEACE
BTC 3 DAY Technical AnalysisWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
Bitcoin is making a green candle on this 200D MA in the 3 days chart.
The candle closes in the next 31 hours.
TBH, That's a nice DOJI.
Once we see the weekly, as well as 3-day candle closing above $38k things, will get better in the short term.
Still, It's hard to say that correction is over.
CONCLUSION:- BTC looks bullish in the short term. But you gotta be very careful because either we are about to see a new parabolic run all the way to $100k+ or this will end up being a trap.
In both scenarios, there are some confirmations for which we will wait and I will keep you posted.
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#PEACE
NEXT TARGET 44K LEVELWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
BTC break this 38900 resistance level and close above it now it is being retested. expected a bounce from here up to 44k level but we have some local resistance as 39800 and 100 ma let's see we can break this may or not.
What's your thought on this?
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#PEACE