BTCUSDTPERP analysis
Time frame 1H
In this time frame, after hitting the resistance level of $ 39900, the price chart has entered its descending phase.
If the price crosses the $ 38,200 resistance level with a valid candlestick, we will expect the following ranges to fall further:
TP1: 37300
TP2: 36500
TP3: 35800
And if the support of the $ 38200 range continues, we expect the price to enter its correction phase, and by crossing the resistance level of $ 39300, we expect the price to correct and the price to reach the following level:
TP1: 39900
TP2: 40500
TP3: 41050
GOOD LUCK
DAN
Time frame 1H
In this time frame, after hitting the resistance level of $ 39900, the price chart has entered its descending phase.
If the price crosses the $ 38,200 resistance level with a valid candlestick, we will expect the following ranges to fall further:
TP1: 37300
TP2: 36500
TP3: 35800
And if the support of the $ 38200 range continues, we expect the price to enter its correction phase, and by crossing the resistance level of $ 39300, we expect the price to correct and the price to reach the following level:
TP1: 39900
TP2: 40500
TP3: 41050
GOOD LUCK
DAN
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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.