BTCUSDTPERP analysis
15M time frame
In this time frame, after the price hits the support level of $ 38,200, the price has entered the correction phase with a high momentum.
If the price crosses the resistance level of $ 41,000 with a valid candlestick, the bullish scenario will continue and we will expect the following target point:
TP1: 41600
TP2: 42200
TP3: 42900
Also, if the price crosses the $ 40,100 resistance level, a bearish scenario will be activated with a valid candlestick, and we will expect the following target point:
TP1: 39800
TP2: 39300
TP3: 38900
15M time frame
In this time frame, after the price hits the support level of $ 38,200, the price has entered the correction phase with a high momentum.
If the price crosses the resistance level of $ 41,000 with a valid candlestick, the bullish scenario will continue and we will expect the following target point:
TP1: 41600
TP2: 42200
TP3: 42900
Also, if the price crosses the $ 40,100 resistance level, a bearish scenario will be activated with a valid candlestick, and we will expect the following target point:
TP1: 39800
TP2: 39300
TP3: 38900
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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.