BTC / USDTPERP analysis
15M time frame
In this time frame, after the price falls with a high momentum from the level of $ 42,900 to the support level of $ 39,300, the price has entered its correction phase. In this time frame, the price has a bearish rectangle technical pattern, if the price crosses $ 39,900 resistance level with a valid candlestick We expect the price to rise to the following target point:
TP1: 40100
TP2: 40400
TP3: 40700
Also, if the price chart crosses the $ 39,500 support level with a valid candlestick, we will expect the price to fall to the following target point:
TP1: 39300
TP2: 39100
TP3: 38900
Chart PatternsTechnical IndicatorsTrend Analysis

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