BTCUSDTPER analysis
15M time frame
In this time frame, after the price falls below the resistance range of $ 33,300 with high momentum, after hitting the support level of $ 29,700, the price has entered its correction phase, so if the price crosses the resistance level of $ 32,500 with a candle Valid, the price will break its downtrend line and the uptrend will be activated and we will expect the following level:
TP1: 33200
TP2: 34300
TP3: 35300
Also, if the price crosses the $ 31,500 support range with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following level:
TP1: 31050
TP2: 30600
TP3: 29700
15M time frame
In this time frame, after the price falls below the resistance range of $ 33,300 with high momentum, after hitting the support level of $ 29,700, the price has entered its correction phase, so if the price crosses the resistance level of $ 32,500 with a candle Valid, the price will break its downtrend line and the uptrend will be activated and we will expect the following level:
TP1: 33200
TP2: 34300
TP3: 35300
Also, if the price crosses the $ 31,500 support range with a valid candlestick, a bearish scenario will be activated and we will expect the price to fall to the following level:
TP1: 31050
TP2: 30600
TP3: 29700
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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.