Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
BTC is making this big symmetrical triangle pattern and currently, it breaks this lower support level we need to close the 12 hours candle close above this lower support.
RSI showing some bullish divergence
If it does not close the 12 hours candle above this support then the cart will be invalidated.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do 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 in this chart, Do not consider it as FINANCIAL ADVICE.
#BTC UPDATE
BTC is making this big symmetrical triangle pattern and currently, it breaks this lower support level we need to close the 12 hours candle close above this lower support.
RSI showing some bullish divergence
If it does not close the 12 hours candle above this support then the cart will be invalidated.
Let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Comment:
As we can see it's close above the support so I'm bullish on it as I mentioned
Comment:
#BTC UPDATE
As I mentioned in my previous BTC chart that BTC is making this big symmetrical triangle pattern, currently BTC is making this falling wedge pattern inside the symmetrical triangle pattern or we are losing the 40k support.
Here we have two scenarios
First scenario: As we can see BTC is Losing the 40k support but if this 6-hour candle closes above this 40k support then we can accept A Bounce from there.
The second scenario: here if BTC is not able to close the 6-hour candle above the 40k level then we can accept a drop up to 38750k support to make the triple bottom.
Let's see how the 6 hours candle closes
As I mentioned in my previous BTC chart that BTC is making this big symmetrical triangle pattern, currently BTC is making this falling wedge pattern inside the symmetrical triangle pattern or we are losing the 40k support.
Here we have two scenarios
First scenario: As we can see BTC is Losing the 40k support but if this 6-hour candle closes above this 40k support then we can accept A Bounce from there.
The second scenario: here if BTC is not able to close the 6-hour candle above the 40k level then we can accept a drop up to 38750k support to make the triple bottom.
Let's see how the 6 hours candle closes
