BTCUSDTPERP analysis
15M time frame
In this time frame, after the price rose with a high momentum, it could not cross the $ 31,500 resistance and we saw the price fall to the support level of $ 29,800.
If the price crosses the resistance level of $ 30350 with a valid candlestick, a short-term bullish scenario will be activated and we will expect the following level:
TP1: 30650
TP2: 31000
TP3: 31500
Also, if the price crosses the $ 29,700 support level, a bearish scenario will be activated with a valid candlestick, and we will expect the following level:
TP1: 29150
TP2: 28550
TP3: 27800
GOOD LUCK
15M time frame
In this time frame, after the price rose with a high momentum, it could not cross the $ 31,500 resistance and we saw the price fall to the support level of $ 29,800.
If the price crosses the resistance level of $ 30350 with a valid candlestick, a short-term bullish scenario will be activated and we will expect the following level:
TP1: 30650
TP2: 31000
TP3: 31500
Also, if the price crosses the $ 29,700 support level, a bearish scenario will be activated with a valid candlestick, and we will expect the following level:
TP1: 29150
TP2: 28550
TP3: 27800
GOOD LUCK
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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.