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:
My previous BTC chart has been invalided.
Currently, BTC is making this ascending channel pattern and we have 2 support over here like 40.8k to 41.5k.
We have 100ma as local support but it has a broker this support already if the daily candle closes above this level.
S1- If the daily candle closes above this 100ma then we can expect to abound from here up to the 48.5k level.
S2- If the daily candle closes below this 100ma and 40.8k level then it can drop up to the 39.6k level. which is a very important key level.
39.6k level is this very important support if it breaks this level then close all positions.
Let's see how the daily candle closes.
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