BTC / USDTP analysis
15M time frame
In this time frame, after falling from the $ 42100 resistance level with a high momentum to the $ 40800 support level, the price chart has entered its correction phase.
If the price crosses the resistance level of $ 41600 with a valid candlestick, the uptrend scenario will be activated and we will expect the following target point:
TP1: 41850
TP2: 42150
TP3: 42500
Also, if the price chart crosses the support level of $ 41300 with a valid candlestick, a bearish scenario will be activated and we will expect the following target point:
TP1: 41150
TP2: 40850
TP3: 40650
GOOD LUCK
DAAN
15M time frame
In this time frame, after falling from the $ 42100 resistance level with a high momentum to the $ 40800 support level, the price chart has entered its correction phase.
If the price crosses the resistance level of $ 41600 with a valid candlestick, the uptrend scenario will be activated and we will expect the following target point:
TP1: 41850
TP2: 42150
TP3: 42500
Also, if the price chart crosses the support level of $ 41300 with a valid candlestick, a bearish scenario will be activated and we will expect the following target point:
TP1: 41150
TP2: 40850
TP3: 40650
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.