BTC ANALYSIS 1D

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
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