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
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
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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.