BTCUSDTPERP analysis
15M time frame
In this time frame, after the price hit the resistance level of $ 22,800, the price started to fall with the moving momentum.
If the price crosses the support level of $ 20,800, the downtrend scenario will continue and we will expect the following level:
TP1: 20110
TP2: 19200
Also, if the price crosses the resistance level of $ 21350 with a valid candlestick, the uptrend scenario will be activated and we will expect the following level:
TP1: 21800
TP2: 22100
TP3: 22800
15M time frame
In this time frame, after the price hit the resistance level of $ 22,800, the price started to fall with the moving momentum.
If the price crosses the support level of $ 20,800, the downtrend scenario will continue and we will expect the following level:
TP1: 20110
TP2: 19200
Also, if the price crosses the resistance level of $ 21350 with a valid candlestick, the uptrend scenario will be activated and we will expect the following level:
TP1: 21800
TP2: 22100
TP3: 22800
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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.