BTC ANALYSIS 15m

140
analysis
BTC/USDT/PERPETUAL/BINANCE
15m time frame
In this time frame, the price has a downward trend line, after hitting the resistance level of $16959, the price has entered the correction phase with high momentum and has corrected itself up to the level of $16556. First, we expect the price to have a kinetic movement until the 0.786 Fibonacci level and the range of its downward trend line, and then it will enter the correction phase again and continue its correction phase until the 1.13 and 1.272 Fibonacci retracement levels.
Price targets:
$16,596 - $16,502 - $16,443

GOOD LUCK

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.