BTCUSDTPERP analysis
15M time frame
In this time frame, we see the DOUBLE TOP pattern. If the price crosses the neckline of the pattern, ie the support level of $ 31,500, a short-term bearish scenario will be activated with a valid candlestick, and we will expect the following level:
TP1: 31250
TP2: 31050
TP3: 30700
Otherwise, the price will be activated by crossing the resistance level of $ 31,800 with a valid candlestick, and we will expect the following level:
TP1: 32000
TP2: 32300
GOOD LUCK
DAAN
15M time frame
In this time frame, we see the DOUBLE TOP pattern. If the price crosses the neckline of the pattern, ie the support level of $ 31,500, a short-term bearish scenario will be activated with a valid candlestick, and we will expect the following level:
TP1: 31250
TP2: 31050
TP3: 30700
Otherwise, the price will be activated by crossing the resistance level of $ 31,800 with a valid candlestick, and we will expect the following level:
TP1: 32000
TP2: 32300
GOOD LUCK
DAAN
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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.