BTC/USDT 4 HOUR ANALYSIS

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:

In short a time, BTC is making this bullish expanding triangle pattern but it's not confirmed yet.

if it breaks the important support then the chart will become invalid.

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.
Would also love to know your charts and views in the comment section.

Thank you

Bình luận:

BTC UPDATE:

In short a time, BTC is making this SYMMETRICAL triangle pattern but it's not confirmed because we have 2 scenarios.

First scenario: In the first scenario, it is looking like it's all ready broken the triangle and currently retesting it.

The second scenario: It looks like it will retest the lower support level then it will bounce from there.

if it breaks the lower important support then the chart will become invalid.

let's see how the market reacts in a few hours.