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CRYPTOMOJO_TA Updated 

#Bitcoin update Bitcoin is currently trading within a symmetrical triangle pattern, and a decisive breakout or breakdown is essential to determining the next directional move for Bitcoin. In this context, the 200-day moving average (200MA) is functioning as a support level. Stay tuned for further updates; I will continue to provide information as the situation develops.

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In the next 25 days, the approval decision for the #Bitcoin ETF is anticipated. The market reaction to such news is often influenced by three types of news psychology: > Sell The News: Traders may opt to sell their assets once the news is officially announced. > Sell Before The News: Some investors may choose to sell their holdings in anticipation of the news,...

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Trade Setup for #DYDX/USDT: Long Position Analysis: DYDX has broken out of a falling wedge pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding...

CRYPTOMOJO_TA Updated 

In the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated. In the daily time frame: - Ethereum faced rejection at the $2400 level. - The $1800 to $2000 range is identified as a support level, also representing...

CRYPTOMOJO_TA Updated 

Trade Setup for CAKE/USDT: Long Position Analysis: CAKE is exhibiting a symmetrical triangle pattern, indicating a potential breakout with a strong rebound. The current market trend supports a bullish outlook. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $2.38. Targets: $2.56 $2.7 $2.9 $3.2 Stop...

CRYPTOMOJO_TA Updated 

Trade Setup for CFX/USDT: Long Position Analysis: CFX has broken out of a bullish flag pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if...

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Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap Introduction: The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent...

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Trade Setup for BAKE/USDT: Long Position Analysis: BAKE has broken out of a falling wedge pattern, indicating a potential reversal. The current market situation involves a retest after the breakout. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to...

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THIS CHART IS BASED ON HISTORICAL DATA In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH. In the second cycle, it’s taken 546 days to break above its previous ATH. If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING First...

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🚀 #TSUKA Update 📈 In the daily timeframe, #TSUKA has broken a 298D resistance and is currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in this retest 🎯 Targets: TP1: 0.0637 TP2: 0.082 TP3: ATH 🛑 SL: Close...

CRYPTOMOJO_TA Updated 

Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI), signaling a bearish divergence move. For bullish trend...

CRYPTOMOJO_TA Updated 

"Hello everyone, I hope you are all doing well. Without further delay, let's proceed to the chart." "The Bitcoin halving is a significant event in the cryptocurrency market, happening approximately every four years. It involves cutting the block reward for miners in half, reducing the new BTC supply by 50%. The next halving is expected in early 2024, occurring...

CRYPTOMOJO_TA Updated 

(First, let's have a look at the shorter time frame) Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI)...

CRYPTOMOJO_TA Updated 

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...

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Here are some Educational Chart Patterns JUST A REMINDER CHART FOR BEGINNERS I hope you will find this information educational & informative. >Head and Shoulders Pattern A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is the highest. In technical analysis, a head...

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In the higher timeframe, Bitcoin (BTC) is currently encountering two significant resistance levels that it must surpass for a more bullish movement to materialize. Why is it so strong? it's a 446-day resistance In the daily time frame "After each significant or sudden movement, Bitcoin has exhibited a tendency to consolidate sideways." here we can see a...

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Being a contrarian thinker, I often hold opinions that differ from the mainstream, whether it pertains to stocks or cryptocurrencies. I find myself venturing down an unconventional path, distinct from the majority. The provided weekly chart depicts the total cryptocurrency market, excluding Bitcoin. Here are some key observations: Price action has successfully...

CRYPTOMOJO_TA Updated 

#BITCOIN UPDATE In the daily view, Bitcoin (BTC) did something really good. It closed a day with a strong candle above the 28.2 K resistance. This is a positive sign, and now that 28.2k level, which was causing problems before, is now supporting BTC's price. Looking ahead, the next barrier BTC might face is around 29.7 K. And if BTC wants to climb even higher,...