BTC / USDTPERP analysis
1D time frame
In daily timeframe, after the price hit the resistance level of $ 47,500, it entered a bearish phase with a high momentum, and after the price hit a support level of $ 39,400, it entered its correction phase with a low momentum, if the price crosses the level . The $ 40,700 resistance level will be activated with a valid candlestick, and we expect to climb to the following target piont:
TP1: 42300
TP2: 44400
Also, if the price crosses the $ 39,400 support level with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following target point:
TP1: 37600
TP2: 35100
GOOD LUCK
DAAN
1D time frame
In daily timeframe, after the price hit the resistance level of $ 47,500, it entered a bearish phase with a high momentum, and after the price hit a support level of $ 39,400, it entered its correction phase with a low momentum, if the price crosses the level . The $ 40,700 resistance level will be activated with a valid candlestick, and we expect to climb to the following target piont:
TP1: 42300
TP2: 44400
Also, if the price crosses the $ 39,400 support level with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following target point:
TP1: 37600
TP2: 35100
GOOD LUCK
DAAN
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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.
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.