BTCUSDTPERP analysis
15M time frame
In this time frame, we see the Bearish pennant technical pattern,
If the price crosses the Pattern ceil and the resistance level of $ 28,900 with a valid candlestick, a short-term bullish scenario will be activated and we will expect the following level :
tp1: 29100
tp2: 29350
tp3: 29650
Also, if the price crosses the pattern floor and the support level of $ 28,700 with a valid candlestick, a bearish scenario will be activated and we will expect the following level:
tp1: 28550
tp2: 28250
tp3: 27950
15M time frame
In this time frame, we see the Bearish pennant technical pattern,
If the price crosses the Pattern ceil and the resistance level of $ 28,900 with a valid candlestick, a short-term bullish scenario will be activated and we will expect the following level :
tp1: 29100
tp2: 29350
tp3: 29650
Also, if the price crosses the pattern floor and the support level of $ 28,700 with a valid candlestick, a bearish scenario will be activated and we will expect the following level:
tp1: 28550
tp2: 28250
tp3: 27950
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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.