BTC ANALYSIS 15m
analysis
BTC/USDT/PERPETUAL/BINANCE
15m time frame
According to yesterday's analysis, the price is still completing the geometric pattern
HEAD & SHOULDER
and also the price has once been able to correct the level of 0.786 Fibonacci retracement.
As you can see, the price is moving in an upward channel, and by crossing the 0.786 Fibonacci retracement level with a valid candle, we will expect price correction to the 0.618 and 0.5 Fibonacci retracement levels, respectively.
Price targets:
$16,620 and $16,542
GOOD LUCK
BTC/USDT/PERPETUAL/BINANCE
15m time frame
According to yesterday's analysis, the price is still completing the geometric pattern
HEAD & SHOULDER
and also the price has once been able to correct the level of 0.786 Fibonacci retracement.
As you can see, the price is moving in an upward channel, and by crossing the 0.786 Fibonacci retracement level with a valid candle, we will expect price correction to the 0.618 and 0.5 Fibonacci retracement levels, respectively.
Price targets:
$16,620 and $16,542
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.
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.