TradingView
CRYPTOMOJO_TA
May 17, 2022 5:56 AM

#BTC/USDT UPDATE  Long

Bitcoin / TetherUSBinance

Description

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 FINANCIAL ADVICE.

BTC UPDATE

BTC if forming this symmetric triangle and bearish flag pattern we can't say anything not we need a confirmed breakout with a successful retest.

So let's see how the market reacts in a few hours

If it breaks the lower support then the chart will be invalid.

This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
I would also love to know your charts and views in the comment section.

Thank you

Comment


BTC UPDATE

As I mentioned in my previous BTC chart that we need a confirmed breakout or break down with a successful retest now it breaks down this symmetrical triangle and bearish pennant pattern, so we can expect a drop up to the 21k level.
Bulls need to pullback BTC inside the triangle

So let's see how the market reacts in a few hours
Comments
amoiseev1994
I thought bearish pattern says us about price to go down 🤔
CRYPTOMOJO_TA
@amoiseev1994, yes but it is forming this symmetrical triangle pattern also
Greathor
Isnt this a bearish pattern and price has to go down?
sammyflowwz2
Thank you always boss..please check your DM
CRYPTOMOJO_TA
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