btcusdtperp analysis
15m time frame
In this price time frame, we have an upward trend line.
As you can see in the picture, the price chart has a technical flag pattern.
This pattern is a trend continuation pattern.
If the price crosses the ceiling of the pattern and crosses the resistance area of $24013 with a valid candle, the bullish scenario will continue and we will expect the following level:
tp1: 24205
tp2: 24454
Also, if the price crosses the bottom of the pattern and breaks the support level of $23,669 with a valid candle, the short-term bearish scenario will be activated and we will expect the following level:
tp1: 23390
tp2: 23181
GOOD LUCK
DAN
15m time frame
In this price time frame, we have an upward trend line.
As you can see in the picture, the price chart has a technical flag pattern.
This pattern is a trend continuation pattern.
If the price crosses the ceiling of the pattern and crosses the resistance area of $24013 with a valid candle, the bullish scenario will continue and we will expect the following level:
tp1: 24205
tp2: 24454
Also, if the price crosses the bottom of the pattern and breaks the support level of $23,669 with a valid candle, the short-term bearish scenario will be activated and we will expect the following level:
tp1: 23390
tp2: 23181
GOOD LUCK
DAN
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