#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 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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Btcusdtrade
#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.
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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.
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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.
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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.
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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.
BTC MUST NEED TO HOLD THIS SUPPORT!!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 trading under this channel and currently holding above 216500$ support
we have strong support at $21650k and BTC must hold this support line by any means. We can expect a bounce anywhere close to the support range only if BTC manages to stay above the $21k range. Dropping below this range will be critical.
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BTCUSD first UP then DOWNHi fellow traders, BTCUSD still looks like a sideways correction and it's getting longer and more complex as the weeks go by. We are still expecting a final wave lower after this WXY correction ends. Watching closely for a sell opportunity from the blue box area. We will be updating the charts if the structure changes. Goodluck!
BTC: BREAKS DOWN THIS RISING WEDGE PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
Bitcoin breakout this rising wedge pattern in a 4hours timeframe.
we have 22750$, 21600,19k as support.
According to this pattern, BTC will drop up to the lower support which is around 19k.
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BTCUSDT ! Key level is broken, Very bullish candlesticks Last 1 month Bitcoin was wrestling with the key level; $24,500. But it broken through on Aug 12th. The resistance level tested three times before gravestone doji candlestick formed which indicates the resistance line had broken and it became support line. As once was the strong resistance line becomes support line, it gives traders confidence to take long position.
BTC/USDT UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
After the breakdown of the $28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from $17.6K level bulls continuously defend that level by creating each higher low in ascending order.
Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
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WILL BTC BE ADLE TO BREAK THE LEVEL?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.
or it will be a fake-out again
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BTC: ANOTHER BULLISH SCHNARIO!!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 channel in 1day timeframe.
We can expect a good rally from here but IMO never trust BTC in case of a breakout it’s always surprised us.
BTC breakout this 137 days resistance so most probably it will bounce
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BTCUSDT: Elliot Price action Daily Hello friends. Bitcoin seems to have reached a point after a trend where there is a possibility of a drop due to several reasons of hitting the weekly base average and weakness in the trend. There is a possibility of falling to the range of 20k, and after that the price should reach the accumulated energy towards the target of 28800, which is the final wave and wave C.
BTC: BREKOUT THIS ASSCENDING TRIANGLE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
BTC breakout this ascending triangle and is currently holding this horizontal support. It has created a fake-out in the previous higher high move, so this is an important situation that it may do this time too.
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