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 | Another Bullish Perspective
During the last hour's price tested a very interesting area located
between 21700- 22500.
Overall it is all as expected from the previous analysis.
Actually, the price will increase the chances for the next movement if
it will manage to break out above 23600.
Until that moment the price can stay in the correction again.
Targets on the chart!
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Btcusdtrade
BTC: breakout this bullish flag pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
BTC breakout this bullish flag pattern in the 2-hours timeframe.
According to the pattern we will see really towards the $25500 so we can go for a long.
SL WILL BE SIMPLE SHORT IF ANY CANDLE IS CLOSE BELOW THE UPPER SUPPORT OF THIS PATTERN AND IT WILL ALSO INVALIDED THIS PATTERN.
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#BTC UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
As I mentioned in my previous update that BTC is forming this falling wedge pattern in a 1hour time frame and according to the pattern we can expect a 10% rally from here.
As expected BTC breakout, this wedge pattern and bounce and currently lying on the support of this 100ma RSI are showing some bullish diverse moves.
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BTCUSDT Chart AnalysisCurrently in the 1h BTCUSDT chart, BTC price is moving near the $23,400 area. After forming a double bottom and a W pattern at the $22,700 - $23,000 supply zone, and then after price rejected from that supply zone area and after breakout the upper line of the descending triangle, we can see the price started to move to upward direction. Now, BTC price is moving near the neck level of the W pattern. Other than that we can see there is a resistance line above that level at the $23,500 area.We can expect that, If the price reject at that resistance level it will be comeback again to the supply zone and if the price successfully breakout and stable on that resistance level the price will be going to upward direction.
Trading is highly risk. Always focus about the risk management. Put less than 2% of your capital and less than 10 trades per day. 1:2 Risk reword ratio is appropriate. Keep more than 50% win rate. These things are according to my knowledge. This is only for the educational purposes and not as the financial advice. Do your own research. Trade carefully. Good luck!
#BITCOIN | JUST BUY THE DIP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Bitcoin Bears have been in Complete Control Since November 2021 (+60% Correction so far) Seems like Bitcoin is Bottomed out & this is the last DIP Before #BullRun2023
Bitcoin has been Consolidating in EXPENDING TRIANGLE Since January 2021.
BTC Closed above the 200 Weekly MA, This is good news for the bulls.
Keep in mind that Always wait for Breakout & Candle to Close for Confirmation.
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BTC IS STILL TRADING INSIDE THIS CHANNEL!!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 is at the support of this 100ma support so it can bounce from here but if it breaks this support then it drop up to the mid support which is around $22k to $22,300
MACD crossover is showing bullish momentum. A successful breakout above the range high is the confirmation of a bullish move, while continuous rejection will take it to retest the mid-range again.
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👉 BTCUSD Emergence of new volumes on the market👉 BTCUSD Emergence of new volumes on the market
The previous forecast has fulfilled 100% the continuation of the emergence of an ascending channel
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BTC: need to break 24k resistance for more bounce!!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 bounced from the order block after doing deviation below the mid-range and currently it is facing range high resistance. MACD crossover is showing bullish momentum. A successful breakout above the range high is the confirmation of a bullish move, while continuous rejection will take it to retest the mid-range again.
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Bitcoin potential correction downHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC Bearish Flag formation in 1D timeframe..!!
So far, So Good but In the Worst Case, If the Flag is Broken Downside, Expect Bearish Wave towards the 14k.
If BTC breaks this red line resistance then the chart will be invalidated.
1. The key support area of $ 20900- $ 20746.
2. $20900-$20746 were broken, it will keep falling to test the lower edge of the box and the key support of the month.
3. The key support of the month has diverted to $18317.41, which either holds and sees the price jump up to break the turning point and go up higher OR is broken and BTC plunges further.
Fed’s rate hike expectation: +75bp (77.5%) / +100bp (22.5%)
Previous stats: 1.75%; expected target rate: 2.5%-2.75%.
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BTCUSDT Chart AnalysisCurrently BTC price is $21,410.49. In the 4h chart, previously it's reject from the $23,000 resistance level and breakdown the lower level of the descending triangle. Now retest the 21,000 support level and the lower level of the descending triangle. Other than that current price movement near the 0.618 support line of the Fib Retracement . RSI indicator shows the upward movement from the oversold area. If the 4h candle close above the lower level of the descending triangle we can hope upward movement from that level.
Trading is highly risk. Always focus about the risk management. Put less than 2% of your capital and less than the 10 trades per day. 1:2 Risk reword ratio is appropriate. Keep more than 50% win rate. These things are according to my knowledge. This is only for the educational purposes not a financial advice. Do your own research. Trade carefully. Good luck!
#BTC UPDATE #BTC/USDT ANALYSIS
It breakdown mid-range and currently holding above the mid-range and golden pocket. If it is retested successfully below the mid-range and breakdown the order block then there is a possibility of testing the ascending trendline or the previous lows.
stay tuned
Do not consider financial advice.
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#BTC is forming bullish flag pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT UPDATE
BTC is lying on the support of this $21550 to $22000 level and it is forming this bullish flag pattern.
we can expect a bounce from there but if it breaks down this support then it will drop up to lower support of this channel.
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BTCUSD ! Medium termHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT UPDATE
BTC is trading below this 94-day's resistance
bullies need to BREAKOUT THIS RESISTANCE
to rally from here.
we have $21550 to $22000 as support or we have 200 ma as local support.
IMO it is better to wait for a breakout or break down I will recommend not to take leverage trade in this situation.
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BTC: Will this Bearish patterns will be invalided!!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 is retesting above daily support level after clearing liquidity above it. As it has done break of structure after giving a close above the previous HH region. So there might be a possibility of creating another higher low before an upward move, if it give a successful retest above the marked support levels.
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BTC exclusive long term update!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC LONG-TERM UPDATE:
As we can see in the chart BTC is forming a similar pattern as lest it makes it in the S2 down trend and currently it is making this big falling wedge pattern.
BTC breakout this falling wedge pattern so we are expecting a bounce from here.
This was one of the reasons why fear entered the market and the price entered a downward trend
In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000.
Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly 10 months, plunging the entire financial market into fear. Secured assets, such as gold or oil, are why we are seeing them grow these days.
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days.
Next, ATH is expected to happen in the next 2years from November to December 2024.
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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 12hr timeframe .
We can expect a good rally from here but IMO never trust BTC in case of breakout it’s always surprised us.
Majority of Traders/Influencers were Talking about 10k-12k-14k in case if BTC did fake out this breakout.
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BTC/USDT UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC
BTC did a decent bounce and currently, it is trading above the horizontal resistance.
For confirmation, BTC needs to close this 4houes candle above this horizontal resistance.
So let's see how the 4-hour candle closes
If this 4hour candle closes above this horizontal resistance then as expected it will rally towards the $23.3k.
Stay tuned
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BTC long-term: POTENTIAL SCENARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC LONG-TERM UPDATE:
BTC took a massive dip of about 85% again to reach a new bottom within a duration of about 396days (About 1 Year) of Bear market. The drop ended in the month of January 2019 which make the January to be a special month from my research.
After, the achieved bottom of 3081$ in January 2019, Bitcoin price begins to rally for a new ATH again, which break the previous high. This rally so far had taken about 1035days (2yrs, 8months) with a fresh ATH of 69270$. This ATH was achieved in November 2021.
This was one of the reasons why fear entered the market and the price entered a downward trend
In the third cycle, the price enters an upward trend. Banks and institutions intensively buy. Finally, the price grows by about 130% during the two ascending swings and forms a new ATH. Finally, buyers tend to buy in the range of 60,000 to 68,000. The dollar is completely lost, and organizations and institutions try to save profits and exit their transactions with a profit. Eventually, the price falls and continues to fall for a period of up to $ 33,000.
Buyers see the price range as an opportunity to invest and buy for a short time. The war between Russia and Ukraine has been going on for nearly 7 months, plunging the entire financial market into fear. Secured assets, such as gold or oil , are why we are seeing them grow these days
In general, I do not see good conditions for risky financial markets. On the other hand, the price is currently moving within a trading range, which is also a sign of the end of the downtrend and the beginning of a new cycle.
If the price wants to move as it did in the past, we should see an increase in the price of bitcoin in the coming days.
Next ATH is expected to happen in the next 2years within November to December 2024.
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