Bitcoin: More Downside Before Chance On Reversal!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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BTC long-term exclusive update
As we know there are too many negatives in the world right now regarding BTC! People are extremely fearful but if you guys need a totally useful update then read this total update.
Not to do it complex we will do it very simply if we see it in the weekly chart if we just draw a line to make support we can see that we have the strong support of 11k to 12k.
In the first pump, BTC bounced from the trendline but in the second and third pumps, BTC holds the 200ma after last 2018 this first time BTC broke below the 200ma currently BTC is trading on the horizontal support of 19k to 20k we are expecting a bounce from here up to the shorter time resistance of 27k to 28k and then we will reject and drop to the lower support which is around 11k to 12k.
If it is not able to bounce and break the 19k to 20k support then it will directly go to the low trend line .
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Btcusdtanalysis
BTC: POSSIBLE SCENARIOS!!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 hunted stop losses above the previous high and got rejected from the ascending channel and horizontal resistance. There is a good support at channel middle line and it might bounce from there, while further consolidation can be expected inside the channel until we see a successful breakout.
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#BTC: What will the next move? Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC/USDT ANALYSIS
After breaking out symmetrical triangle, we have seen a good bullish volume in it and currently it is facing horizontally resistance which is around $22600 to $22800. MACD crossover is showing bullish momentum. We have some local support around $21600, A solid break above horizontal resistance is the confirmation of continuation of further bullish the trend in it.
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BTC/USDT 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 it as financial advice.
#BTC/USDT
BITCOIN strong consolidation going on at $20k level, this can't go on forever, triangle primed to break to upside or downside. But RSI is printing bullish divergence though.
It is trading inside a symmetrical triangle so BTC update is still the same that a breakout or breakdown will decide the next move.
BTC going above $21,800 makes a higher high, and going below $18,800 makes a lower low, and the next move likely sets the direction forward.
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#BTC/USDT SHORTER TIMEFRAME UPDATE!!!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 after doing a successful retest above descending trendline and accumulation zone. Currently it is facing horizontal resistance from where we have previously seen a liquidity grab. We've to wait for a solid break above horizontal resistance to confirm the continuation of bullish trend in it.
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#BTC/USDT UPDATEHi 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 it as financial advice.
#BTC/USDT UPDATE
BTC is still holding the lower trend line of this triangle.
So, we are expecting some bounce up to the upper resistance in case any 3 hours candle closes below the lower trend line which will invalid the chart.
In a shorter timeframe, BTC is making this descending broadening wedge pattern
Let's see how the market will react in a few hours.
Stay tuned and pin our channel at the top.
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#BTC FORMING THIS BEARISH PENNANT PATTERN!!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 making these two patterns in which one is bearish and one is bullish.
BTC is forming bearish pannent in 6hr timeframe
If pannent broken downside then is ready for another 30% bearish wave.
Let’s look at the bullish scenario BTC is also forming a symmetrical triangle pattern which is bearish and bullish both depending on the breakout or breakdown.
In this case, if BTC breakout this triangle pattern then we can expect a 25% bounce or the same as break down.
So let’s wait for a sustain break down or breakout will confirm the next the move of BTC .
Let's see how the market will react in few hours.
Stay tuned
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WHAT DO YOU ALL THINK BTC WILL FALL DOWN TO $19K?AS we can see from the above-mentioned chat that BTC fell 14% after printing a bearish fall pattern and now heading towards the price level of $21k.
Break below the price level of $21k will lead BTC towards the retest to its previous ATH which is $19k which BTC never did ever.
Let's see how BTC performed in the upcoming days.
Hello, members welcome to this BTC /USDT quick chart analysis.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
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#BTC/USDT 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 it as financial advice.
#BTC/USDT ANALYSIS
BTC breakdown this symmetrical triangle pattern with successful retest so an according to this pattern we can drop up to 15k level but we have 18k as local support.
Let's see how the market will react in few hours.
Stay tuned
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Is the bottom in?For me the 2 scenarios on the table right now are highlighted on the above chart in Green (bullish EIW) and Red (bearish EIW)
The Green scenario suggests that the ‘bottom’ is already in for BTC, we closed weekly above 19.7k which was vital to this theory. There are also some major bullish indicators on multiple time frames of the charts which should signal the move up to the 32 – 27k region. This will form wave 1 in the bullish (green) scenario with wave 2 coming down to the 786 and holding it as support. We will need to hold this area as support on the larger timeframes for this to provide confirmation and then see a break of the major blue trendline above.
The Red scenario suggest that the ‘bottom’ is not in and given the current global market sentiment it is very easy to believe this might be the case. With the S&P500, NDQ and the DJI all looking like they have further downside in them how can BTC not go down further? The move up to previously mentioned 32 – 27k region would be seen as wave 4 and a mere bear market relief rally in a further downtrading market. Although 19.7k held and confirmed as support, this area would break upon the retest closing lower than wave 3 red on the larger timeframes, which would in turn condemn BTC to 14k.
As always leave a like and let me know your thoughts.
BTC: Breakout this inverse head and shoulder 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 the neckline of this inverse head and shoulder pattern and currently lying on the neckline as support so a grounding to the pattern we can expect bounce up to 25%.
Let's see how the market reacts in a few hours.
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Let's see how the market reacts in a few hours.
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/USDT 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 it as 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 it as financial advice.
BTC UPDATE
#BTC is forming this bullish expanding triangle pattern currently retesting according to the pattern we may bounce up to 21% from there but we need a successful retest.
RSI is showing some bullish diversion moves.
Let's see how the market reacts in a few hours.
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
Let's see how the market reacts in a few hours.
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 is holding above $20,000 as global global market openCheck out my previous long on BTC BTC is holding above $20,000 as global markets open in green. Bitcoin is trading in the range now where $21,000 is working as resistance and $19,650-$19,750 working as a support level. If BTC is able to break above $21,000 then we see a move towards the major resistance of the $23,000 area. If BTC breaks below $19,650 then we see more downfall in the market. Trade with tight stop loss and wait for BTC's next move.
#BTC FORMING BULLISH EXPENDING TRIANGLE!!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 forming this bullish expanding triangle pattern currently retesting according to the pattern we may bounce up to 21% from there but we need a successful retest.
RSI is showing some bullish diversion moves.
Let's see how the market reacts in a few hours.
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BTCUSDT EFFECTS ON ITS TREND PATTERNSBITCOIN | From july 19,2021 till date, btc has apparently formed three bearish pattern which has been identified on the chart. The head and shoulder pattern has completed its cycle but then btc still continues with bear sentiment due to the breakdown at the resistance level($43.03k) which is the weekly support and the continuous bearish patterns formation. The only save for btc is the third pattern which is the ascending triangle that could prone btc to retest the weekly resistance for the second time,in the event it breaks, a huge uptrend is likely but if gets rejected again, we'd definitely see a nosedive in the whole crypto mkt as btc will look forward to the area that needs to be retested before we see a trend reversal. The minor and key s/r levels have been highlighted on the chart, its advisable to keep tabs on the highlighted areas to be cognizant on the next move to avoid liquidation.
Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates...
#BTC long-term exclusive update:must read!! 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 it as financial advice.
BTC long-term exclusive update
As we know there are too many negatives in the world right now regarding BTC! People are extremely fearful but if you guys need a totally useful update then read this total update.
Not to do it complex we will do it very simply if we see it in the weekly chart if we just draw a line to make support we can see that we have the strong support of 11k to 12k.
In the first pump, BTC bounced from the trendline but in the second and third pumps, BTC holds the 200ma after last 2018 this first time BTC broke below the 200ma currently BTC is trading on the horizontal support of 19k to 20k we are expecting a bounce from here up to the shorter time resistance of 27k to 28k and then we will reject and drop to the lower support which is around 11k to 12k.
If it is not able to bounce and break the 19k to 20k support then it will directly go to the low trend line.
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 looking for a breather b4 a deep dive in search of bottomTo simply consider chart patterns that have inherent considerations for demand and supply zones...
BTC is looking to form a rising wedge (it's still in its nascent stage but the structure is becoming visible) which can get extended to 40K Zone if we are being optimistic...
At the end of this wedge, we will see a fall to sub 20k levels and wicking to all those zones which were never filled (to keep in mind that the asset has matured enough that some early 2010+ gaps may never be visited again)... Anyway, a visit to the 17K level is very much on the cards...
lets see how this plays if that plays out.
#BTC DAILY TIME FRAME 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 it as financial advice.
#BTC UPDATE
BTC make this descending channel pattern in a daily time frame, currently holding above the the lower support of this channel so we can expect a bounce from here up to the upper resistance of this channel.MACD crossover is loosing bearish momentum. RSI is in the oversold region, showing hidden bullish divergence.
If it breaks the lower support then the chart will be invalided.
Stay tuned
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