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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Btcusdtrade
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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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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USDT DOMINANCE READY TO FALL! BULLISH FOR BTC AND ALTS!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT dominance breaks down this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop according to the pattern.
If it breaks this red line resistance the chart will be invalided.
stay tuned
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BTC 2 HOURS UPDTE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC UPDATE
As before it is creating higher highs and higher lows at shorter time frames and now after the market structure breaks, it is creating lower lows and lower highs. It is also trading in a range. The current MSB level is a close above $23655 to change the trend from lower highs to higher highs while a close below range low would be a sign of creating another lower low.
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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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