BTCUSDTPERP analysis
4H timeframe
In this time frame, the price chart has a downtrend line with a medium momentum, the price has entered its correction phase after hitting the support range of $ 41600, if the price chart crosses the resistance range of $ 42900 with a valid scenario candlestick The ascent will be activated and we will expect the following ranges:
TP1: 43600
TP2: 44200
TP3: 45000
Otherwise, by crossing the price chart above the $ 41600 support range with a valid candlestick, the downtrend scenario will be activated and we will expect the following ranges:
TP1: 41000
TP2: 40800
TP3: 39900
GOOD LUCK
DAAN
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