BTC ANALYSIS 15M
Btcusdtper analysis
15M time frame
In this time frame, after falling with a high momentum from the range of $ 44,000 to the support range of $ 42100, the price chart is on corrective phase and the momentum goes weak, as you can see in the chart, in this time frame we see a rising flag pattern. If the price chart crosses the $ 43,000 resistance range with a valid candlestick, we will expect to climb to the following ranges:
TP1: 43200
TP2: 43500
TP3: 43800
Otherwise, by crossing the price chart above the $ 42500 support range, a bearish scenario will be activated with a valid candlestick and we will expect a fall to the following ranges:
TP1: 42300
TP2: 42100
TP3: 41900
GOOD LUCK
DAAN
15M time frame
In this time frame, after falling with a high momentum from the range of $ 44,000 to the support range of $ 42100, the price chart is on corrective phase and the momentum goes weak, as you can see in the chart, in this time frame we see a rising flag pattern. If the price chart crosses the $ 43,000 resistance range with a valid candlestick, we will expect to climb to the following ranges:
TP1: 43200
TP2: 43500
TP3: 43800
Otherwise, by crossing the price chart above the $ 42500 support range, a bearish scenario will be activated with a valid candlestick and we will expect a fall to the following ranges:
TP1: 42300
TP2: 42100
TP3: 41900
GOOD LUCK
DAAN
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.