#BTC UPDATE
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 financial advice.
#BTC Update
BTC breakout this local support which is around the $20300 level and currently BTC facing 100 ma as resistance
if we break out this 100 ma resistance and closer the daily candle above it then the price of BTC may rise to 24.7K$.
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.
Thank you
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
BTC breakout this local support which is around the $20300 level and currently BTC facing 100 ma as resistance
if we break out this 100 ma resistance and closer the daily candle above it then the price of BTC may rise to 24.7K$.
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.
Thank you
Note
#BTC/USDT ANALYSIS
BTC first cleared stops below the trendline support of the symmetrical triangle by liquidity grab wicks. After that it breakout symmetrical triangle retested successfully and we have seen a good bounce toward the marked liquidity zone.
Currently, it again came back below the horizontal resistance after grabbing the upward liquidity, which is a no man's land for BTC.
Bulls need to give a close above $21,111 with a retest above it for the confirmation of a bullish trend in the market, while continuous rejection from here will result in a downward move toward $19,600 support.
Note
>MCD is showing some berries moment
>RSI have support around 50
>BUT Volume is decreasing
Note
#Bitcoin is Getting Ready for Another +8-10% Bullish Impulse in Short Term.
Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.