BTC / USDTPERP analysis
15M time frame
In this time frame, after the price rises with a high momentum from the support level of $ 39000 to the resistance level of $ 41300, the price in the technical pattern of the rising flag is range.
If the price crosses the bottom of the flag channel, the $ 40,500 support level with a valid candlestick, a bearish scenario will be activated and we expect the price to fall to the following levels:
TP1: 40200
TP2: 39800
TP3: 39500
Also, if the price crosses the top of the flag pattern, ie the resistance level of $ 41,000 with a valid candlestick, the bullish scenario will be activated in this time frame and we will expect the following level:
TP1: 41500
TP2: 42000
TP3: 42500
GOOD LUCK
DAAN
15M time frame
In this time frame, after the price rises with a high momentum from the support level of $ 39000 to the resistance level of $ 41300, the price in the technical pattern of the rising flag is range.
If the price crosses the bottom of the flag channel, the $ 40,500 support level with a valid candlestick, a bearish scenario will be activated and we expect the price to fall to the following levels:
TP1: 40200
TP2: 39800
TP3: 39500
Also, if the price crosses the top of the flag pattern, ie the resistance level of $ 41,000 with a valid candlestick, the bullish scenario will be activated in this time frame and we will expect the following level:
TP1: 41500
TP2: 42000
TP3: 42500
GOOD LUCK
DAAN
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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.