MARKET UPDATE

21 февр. 2023 г.

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.

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 is forming this big falling wedge pattern

what is a falling wedge pattern?

The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend.

A weekly candle close above 25k could suggest that the market is expecting a bullish trend.

So let's see how the weekly candle closes

* RSI is also sowing some bullish divergences move


#USDT.D UPDATE

We are a few hours away from the weekly close and we can literally see where the market is possibly heading. With the USDT.D bouncing back from the support line and BTC at the resistance, I would highly suggest staying away from leverage trading for now and wait for the market to cool off. If the bounce back is so good to be true then we can expect the USDT.D to reach close to 7.2% resistance. If not then 6.4% is good support for the dominance.


TOTAL 2 UPDATE

We are a few hours away from the weekly close and we can literally see where the market is possibly heading. With the USDT.D bouncing back from the support line and BTC at the resistance, I would highly suggest staying away from leverage trading for now and wait for the market to cool off. If the bounce back is so good to be true then we can expect the USDT.D to reach close to 7.2% resistance. If not then 6.4% is good support for the dominance.

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.


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

21 февр. 2023 г.

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