BTC / USDTPERP analysis
15M time frame
In this time frame, after the price has risen from the level of $ 40,500 with a high momentum to the resistance level of $ 41600, it has entered its corrective phase. As you can see in the picture, the price in this time frame has a technical pattern of the bullish pennant flag. , If the price crosses the resistance level of $ 41450 with a valid candle, we will expect to climb to the following target point:
TP1: 41650
TP2: 41750
TP3: 41950
Also, if the price crosses the resistance level of $ 41200 with a valid candlestick, the downtrend scenario will be activated and we will expect a fall to the following target points:
TP1: 41000
TP2: 40900
TP3: 40800
GOOD LUCK
DAAN
15M time frame
In this time frame, after the price has risen from the level of $ 40,500 with a high momentum to the resistance level of $ 41600, it has entered its corrective phase. As you can see in the picture, the price in this time frame has a technical pattern of the bullish pennant flag. , If the price crosses the resistance level of $ 41450 with a valid candle, we will expect to climb to the following target point:
TP1: 41650
TP2: 41750
TP3: 41950
Also, if the price crosses the resistance level of $ 41200 with a valid candlestick, the downtrend scenario will be activated and we will expect a fall to the following target points:
TP1: 41000
TP2: 40900
TP3: 40800
GOOD LUCK
DAAN
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