BTCUSDTPERP analysis
15M time frame
In this time frame, after falling from the $ 30,500 level with a high momentum to the $ 28,800 support level, the price has entered its correction phase.
As you can see in the picture, the price has a technical pattern of Rising wedge. This pattern is a continuation pattern of the trend. target point:
tp1: 29550
tp2: 29750
tp3: 30000
Also, if the price crosses the support level of $ 28900, the downtrend scenario will continue and we will expect the following level:
tp1: 28750
tp2: 28550
tp3: 28300
GOOD LUCK
DAAN
15M time frame
In this time frame, after falling from the $ 30,500 level with a high momentum to the $ 28,800 support level, the price has entered its correction phase.
As you can see in the picture, the price has a technical pattern of Rising wedge. This pattern is a continuation pattern of the trend. target point:
tp1: 29550
tp2: 29750
tp3: 30000
Also, if the price crosses the support level of $ 28900, the downtrend scenario will continue and we will expect the following level:
tp1: 28750
tp2: 28550
tp3: 28300
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.