#BTC is forming this bullish falling 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
If we look at the 6-hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 17
%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
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Thank you
Btcusdtrade
Bitcoin - No change in technicals or fundamentalsOver the weekend, Bitcoin stayed primarily flat, trading near the 20 000 USD price tag. Volume levels continued to hover around monthly lows, and the projection of the downward-sloping channel became even more distorted, ruling out its existence.
Regardless, we have no reason to change our bearish bias. Fundamental factors and technical factors still continue to support our bearish view. Accordingly, we stick to our price targets for BTCUSD, which are at 17 500 USD and 15 000 USD.
Illustration 1.01
The picture above shows simple support and resistance levels for BTCUSD. The breakout below the immediate support will further bolster the bearish case for Bitcoin.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
#BTC UPDATE 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 moving sideways in a range, in between the marked horizontal support and resistance zones. It broke out descending trendline resistance in the recent bullish move and currently retesting it, a successful retest will result in a bullish move, while further consolidation can be expected until we see a sustained breakout or breakdown.
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Thank you
Bitcoin forecast and ideaPlease write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
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Bitcoin - BTCUSDT
#BTC is forming this bullish falling wedge pattern!!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 financial advice.
#BTC UPDATE
If we look at the 4hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 16%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
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
#BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A DUMP!!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)
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 financial advice.
#BTC UPDATE
If we look at the 4hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 15%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
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
BTCUSDT: Elliot waves 4hrFollowing the previous analysis, I imagine such a path for Bitcoin in the 4-hour period. It seems that the fifth wave moves similar to the first wave. And this view that you see next to the chart is taken from wave 1-1 of the first wave and the maximum value that Bitcoin can rise is the range of 21000.
BTCUSDT: Elliot Waves DailyHello to all friends. In Bitcoin, we see the wave trend in the form of a five-wave pattern (C). So far, 4 waves have been formed. And we are moving towards the fifth wave. Considering that the third wave is 1.272% of the first wave, I expect the fifth wave to be the same as the first wave and touch the ratio of 200%, which is equal to $10,900.
WIL BTC BE ABLE TO HOLD THIS SUPPORT!!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)
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 financial advice.
#BTC(Update)
BTC breakdown this bearish flag pattern in the daily time frame.
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.
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
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
BTCUSDT: Elliot waves 4hrHello to all friends. In the one-hour bitcoin time, we see the beginning of the fifth wave from the last corrective wave, so my expectation is that it will reach $20197 first, and the first wave of the fifth wave will end, and then it will grow with a three-wave up to the 22570 range. And after that, the beginning of the third wave until 15760. Be successful and profitable.
#BTC UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
BTC is consolidating in an ascending triangle. As we are seeing strength from both bulls and bears and currently BTC is also trading above the point of control level.
This is a very crucial level and we've to wait for a breakout with a retest to confirm a bullish move, while a sustained breakdown of the POC level would target the horizontal support.
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#BTC breakout this Descending Broadening Wedge!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
Bitcoin breakout this Descending Broadening Wedge in 2hr timeframe.
We can expect a good rally from here but IMO never trust BTC in case of a breakout it’s always surprised us.
The majority of Traders/Influencers were Talking about 10k-12k-14k in case BTC did fake out this breakout.
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BTC With a Posible Long, Short Term.The Pair BTC/USDT is currently consolidating and forming a horizontal channel on the 1H time frame over the support area (Green Line).
A breakout on the up side of the pattern (Orange Line) with some volume can lead BTC to retest the resistance area at 22572$ (Red Line).
On the other side, a breakout on the downside will lead the price of BTC to go directly lower to the next support area at 18876$ (Bleu Line)
WIL BTC BE ABLE TO HOLD THIS SUPPORT!!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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#BTC(Update)
One more daily candle closes below the lower trendline.
The Bulls seem to be losing momentum but still, BTC is holding above the trendline as support.
A liquidity grab might be a possible scenario, while a solid breakdown would be a bearish sign for BTC to move towards $19K support.
Stay tuned
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BTCUSDT A quick and thorny way of growth BTC price to $180-230kToday, you have two fractals with a positive scenario at the base.
A quick scenario - growth from the current BTCUSDT price to $180,000 by the end of May 2023.
Thorny way - predicts a protracted consolidation of the Bitcoin price in the range of $20,000-26,000 until May 2023. And only after that, long-term growth can begin with the goal of $230,000 by June 2025.
In both scenarios, the critical point is the $19800 level.
If the BTCUSD price fixing below this level, then the next strong support is far from below - in the area of $12,000 per BTC
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BTC: ANOTHER BEARISH SCENARIO!!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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#BTC(Update)
The process has started for #bitcoin. Recovery is now very difficult.
The flag down a break that I shared yesterday has also arrived. I think we are now in a new and hopefully recent downtrend.
what's your opinion? Will the sharp decline continues for #btc or will there be a recovery?
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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.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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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.
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.
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Btcusdt Possible movementsPossible movement of btcusdt
btcusdt made a high of 32088 on 30th of May 2022 after that made a double top and fell on 19th of June 2022 and made a low of 17622
a channel was formed again took big resistance at 30th of July 2022 and made a double top at channel's top and fell on the same date 19th of Aug 2022 and made a low of 20783
Now we can see a minor pull back till 22400 -22630 If breaks btc can go for channel top where we have multiple resistance of channel top and trendline from all time high which lies 25850 so btc can test the area of 25450 - 25850
So now we have two different scenarios with different trading strategies one is long till first resistance
another is short at resistance specially channel top.
Good Luck Keep Trading.