BTC ANALYSIS 15m
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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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.