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Btcusdtrade

#BTC need to clear the 18,500 resistance to Confirm the 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 BTC is forming this big falling wedge pattern what is a falling wedge pattern? The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend. *BTC Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout * RSI is also sowing some bullish divergences move *If it conforms to this pattern then according to the pattern we will see a good bounce Stay tuned I will keep updating 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
Long
by CRYPTOMOJO_TA
4
#BTC is not looking good in the shorter time frame!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 breakout this rising wages pattern and currently retesting it. BTC doesn't look good, According to the pattern BTC can drop 10% after the confirm retest. If BTC breaks out this lower resistance then the pattern will be invalidated. Stay tuned I will keep updating 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
Short
by CRYPTOMOJO_TA
15
#BTC is getting ready for the Big move!!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 forming this big falling wedge pattern what is falling wedge pattern The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. *BTC Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout * RSI is also sowing some bullish divergences move *If it conform this pattern then according to the pattern we will see good bounce Stay tuned I will keep updating 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
by CRYPTOMOJO_TA
97
#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 break down this descending triangle pattern What is a descending triangle pattern? The classic version of this pattern forms a trend line that is sloping and a flat or horizontal support line. The pattern emerges as the price bounces off the support level at least twice. The completion of the pattern occurs after the end of a retracement in a downtrend. The downside breakout from the support triggers a strong bearish momentum-led decline. However, this textbook pattern seldom occurs in real markets. In most cases, a descending triangle pattern can also see a sloping base as well. Instead of a flat support level, you can see higher lows being formed. The illustration below shows what an “ideal” descending triangle pattern looks like, which is often labelled a descending wedge, as well. In my last update, I mention the 17.5k horizontal support, after that post, BTC Bounced from that support Currently, it breakout the descending triangle with a successful retest and heads toward the horizontal resistance which is around 17k. A solid breakout of $17k would be the confirmation of the continuation of bullish momentum in the market, while a rejection will result in further range play. Stay tuned I will keep updating. 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
by CRYPTOMOJO_TA
2
#BTC/USDT Trade Setup 1:5, Target $18,400 !! Welcome to this quick trade setup. BTC has been under accumulation for the last few weeks. Every drop has been bought. A lot of FUD and uncertainty make me more bullish in the short term. This drop below $16k could end up being a trap. I opened a long on BTC around $16160 and will add more till $15850 with SL below $15400. Most of the bad news has been sold. I could be wrong only if we break the recent low. Am not saying we can't see more drop in the next few weeks/ months but it's riskier to be out of BTC when it's down 73%. This trade is based not just on charts but logic and reasoning. This is not financial advice. DYOR, My stop loss is for leverage long only. I have been accumulating BTC since it broke $18k and I am more than happy to buy more. Currently, I am 75% in BTC and a few alts & 25% FIAT and Stable Coins. I will be posting more trade setups shortly. Follow me if you don't yet. Please hit the like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
6
#BTC break down this bearish pennant 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 break down this bearish pennant pattern What is a bearish pennant? A bearish pennant is a technical trading pattern that indicates the impending continuation of a downward price move. They’re essentially the opposite of bullish pennants: instead of consolidating after a move up, the market pauses on a significant move down. When technical traders spot a bearish flag pennant, they take it as a sign that the downward price move is going to continue once the market breaks below its support line. Like their counterpart, bearish pennants can occur over any time frame. Currently retesting it. According to this pattern, we can drop 27% from here. Bulls need to invalidate the pattern Stay tuned. I will keep updating. 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
Short
by CRYPTOMOJO_TA
6
BTCUSD: Top-Down AnalysisHey trader, Bitcoin has been behaving dramatically lately. It dropped from around $21,500 to $15,588.20 this week. Can't imagine how other investors are feeling right now... For active traders, it's a different story. Because we can exploit long-term and short-term biases, like how we can now. As you can see on the chart above the price is slowly forming a bullish reversal pattern that will lead to a 3-level uptrend, after its price has bullishly broken and retested the 3rd Weekly Key Lvl together with the 50 and 8 MAs. However, it may reject that bias by bearish breaking and closing below the 4H Half a Bat Neckline. This trade idea isn't derived from only this timeframe but from the 4-hour and daily timeframes. Let us move upwards to the 4-hour timeframe: As you can see the price recently closed with a bullish reversal candle pattern in the half a bat patterns accumulation phase and in between the short-term MA's. This pattern expects an uptrend to its L1 and 50 MA as the first targets, which will be anticipated after the price has bearishly retested the 8 MA with a bullish candle formation. But if the price decides to bearish break and closes below the 8 MA and 4H Half a Bat Neckline, our bias will be rejected. Now we move up to the daily, which is the main timeframe that led to this trade idea: The price closed with a bullish reversal candle pattern in the half a bats accumulation phase, after bearish breaking without retesting the pattern's neckline, together with the 50 and short-term MA's. So having the price closed as it did, gives us a probability of the uptrend we're looking to hop on. But this will be rejected by a bearish reversal candle close below the 3rd Weekly Key Lvl. With that said, take your trade at your own risk. This is not financial advice. I'm just sharing my point of view with you guys (which you can also do). That's it for today. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts! Trade Safe & Stay Blessed, Sphatrades.
BITFINEX:BTCUSDLong
by Doji-2k1
6
#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 trading inside this ascending channel pattern and is currently at the lower support of this channel we also have 50 MA and 19.6k as local support. if BTC hold this support then we can see some bounce but in case BTC breaks down this channel then we will drop towards the next support which is the 18k level. 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
Long
by CRYPTOMOJO_TA
2
#BTC breakout this bullish flag 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 BTC breakout this bullish flag pattern and currently it looks like it is retesting this flag pattern we may see some good bounce if it retests successfully. We have 21k as support that BTC needs to hold 22.5k as resistance and 21.5 as local resistance 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
Long
by CRYPTOMOJO_TA
4