BTC ANALYSIS 15m
analysis
BTC/USDT/PERPETUAL/BINANCE
15m time frame
According to the picture, the price is moving in an ascending channel, if the price can cross the bottom of its moving channel with a valid candle and stabilize itself below the 0.886 Fibonacci retracement level, we will expect the corrective scenario to be activated. And we will expect price correction to the middle of the channel and then to the bottom of the channel.
Price targets:
$16710 and $16643
GOOOD LUCK
BTC/USDT/PERPETUAL/BINANCE
15m time frame
According to the picture, the price is moving in an ascending channel, if the price can cross the bottom of its moving channel with a valid candle and stabilize itself below the 0.886 Fibonacci retracement level, we will expect the corrective scenario to be activated. And we will expect price correction to the middle of the channel and then to the bottom of the channel.
Price targets:
$16710 and $16643
GOOOD LUCK
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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.