BTCUSDTPER analysis
Time frame 1H
In this time frame, after falling with a high momentum from the range of $ 42,500 to the support range of $ 39,200, the price chart has entered its correction phase. If you cross the neckline of this pattern, ie the resistance range of $ 40,500 with a valid candlestick, the bullish scenario will be activated and we will expect to climb to the following ranges:
TP1: 40900
TP2: 41300
TP3: 42000
Also, if the neckline of this pattern resists and the price returns and crosses the support level of $ 39900 with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following ranges:
TP1: 39300
TP2: 38600
TP3: 37900
GOOD LUCK
DAAN
Time frame 1H
In this time frame, after falling with a high momentum from the range of $ 42,500 to the support range of $ 39,200, the price chart has entered its correction phase. If you cross the neckline of this pattern, ie the resistance range of $ 40,500 with a valid candlestick, the bullish scenario will be activated and we will expect to climb to the following ranges:
TP1: 40900
TP2: 41300
TP3: 42000
Also, if the neckline of this pattern resists and the price returns and crosses the support level of $ 39900 with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following ranges:
TP1: 39300
TP2: 38600
TP3: 37900
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.