TradingView
CRYPTOMOJO_TA
May 18, 2022 7:00 AM

#BTC BREAKDOWN ALERT!! 

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

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

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
Comments
dreamland_cyber
It would be great to have your updates on this idea. Do you think it goes even lower, as you have already analyzed?
CRYPTOMOJO_TA
mtn01
I believe that seem not to be other else but the HEAD & SHOULDERS PATTERN following by giant bear trend, being updated at 1:12AM from Asia, GMT+9 with sincere appreciation
dreamland_cyber
Great job!
CRYPTOMOJO_TA
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