BTCUSDTPERP analysis
15M time frame
In this time frame, after the price hit the resistance range of $ 40,200, it entered its downtrend phase, and after hitting the support range of $ 38,100, it entered its corrective phase. We give the trend of increasing flag.
If the price crosses the resistance level of $ 38,900 with a valid candlestick, the bullish scenario will be activated and we will expect to climb to the following target point:
TP1: 39100
TP2: 39300
TP3: 39700
Also, if the price crosses the support level of $ 38,400 with a valid candlestick, the price will continue its downward trend and we will expect the following target point:
TP1: 38200
TP2: 37800
GOOD LUCK
DAAN
15M time frame
In this time frame, after the price hit the resistance range of $ 40,200, it entered its downtrend phase, and after hitting the support range of $ 38,100, it entered its corrective phase. We give the trend of increasing flag.
If the price crosses the resistance level of $ 38,900 with a valid candlestick, the bullish scenario will be activated and we will expect to climb to the following target point:
TP1: 39100
TP2: 39300
TP3: 39700
Also, if the price crosses the support level of $ 38,400 with a valid candlestick, the price will continue its downward trend and we will expect the following target point:
TP1: 38200
TP2: 37800
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.