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 financial advice.
#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.
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.
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#BTC/USDT ANALYSIS
It is currently trading in a narrow range between the mid-range level. There is indecision between bulls and bears in this zone, so the price is bouncing from support and rejection at the level.
Breakdown of mid-range with a retest would be a sign of filling the unfilled order block, while a successful breakout above resistance would be a sign of creating another higher high.
Beautiful call My Man. BTC hit the support line precisely where you predicted and bounced right up. I've watched you do this on several analysis'. Truly remarkable. Keep 'em coming.