#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 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.
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Btcusdtrading
#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.
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#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
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.
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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)
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.
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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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 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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#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: 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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BITCOIN CONSOLIDATING & PREPARING FOR UPSIDE.BITCOIN CONSOLIDATION & PREPARATION FOR A MILD BOUNCE FROM THE ASCENDING TRENDLINE.
Bitcoin has been consolidating on the ascending trendline which had been established over the past 2 months since its price bottomed in mid-June. The move looks to have been completed & relief on CAPITALCOM:BTCUSD price seems to be in the works.
RSI
The RSI on the 1H is at 30 (barely oversold), RSI on the 4H is at about 26 at the point of writing, and on the 15M, we can see RSI at the mid-range of 50. On the macro time frames the signal would be that after the latest capitulation move CAPITALCOM:BTCUSD is ready for relief & we should be eyeing a move to the ~61.80% level to the ~38.20% Fibonacci levels.
BB%B
The BB%B indicator with a longer period of 75 shows that there has been a double bottom of price action, which is also reflected on the chart at the support levels of $20,800 where the price has already bounced twice. We can expect to see a strong expansion or oscillation of the indicator to the upside above 1.0 readings over the next 36 hours from the writing of this post.
Targets
Based on the cyclical timeframe measurement, we should be able to expect the price to hit targets of $21,550 within the next 24 hours of the time of writing.
The secondary target for the relief bounce of price would be $21,795 within 48 hours of the time of writing based on the cyclical timeframe measurements.
If you managed to fill your entries around the $28,000 levels, you could expect a 3.18% move to the upside at target 1 ($21,550) & a 4.56% move to the upside at target 2 ($21,795).
------
As usual, this piece of analysis is simply my perspective & due diligence is imperative when you are entering your trades.
Leave a like or comment if this piece of analysis helped.
Good luck trading.
NOIV
BTC MUST NEED TO HOLD THIS SUPPORT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC(Update)
BTC is trading under this channel and currently holding above 216500$ 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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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.
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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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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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👽 BTCUSD 👉 Time to make money 😁👽 BTCUSD 👉 Time to make money 😁
The lower border of the rising channel provides an opportunity to buy on the rebound
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BTC: TRADINGNG INSIDE THE 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
It is moving in an ascending triangle and is currently rejected from the horizontal resistance. It has created a fake-out in the previous higher high move, so this is an important resistance to observing a breakout with a successful retest for the confirmation of a bullish trend. At the same time, a sustained breakdown of the ascending triangle would be a bearish sign for it.
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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 | 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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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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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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