BTC ANALYSIS 15m
analysis
BTC/USDT/PERPETUAL/BINANCE
15m time frame
In this time frame, the price of an impulsive movement to the resistance zone
$17,245
It has had a high movement momentum.
Due to the divergence in the indicator
RSI
We determined that if the price stabilizes below the 0.236 Fibonacci retracement level, the correction scenario will be activated and we will expect the price correction to 0.382 Fibonacci (bottom of the channel) and then to 0.618 Fibonacci (lower middle channel).
Price targets:
$17167 - $17118 - $17052
GOOD LUCK
BTC/USDT/PERPETUAL/BINANCE
15m time frame
In this time frame, the price of an impulsive movement to the resistance zone
$17,245
It has had a high movement momentum.
Due to the divergence in the indicator
RSI
We determined that if the price stabilizes below the 0.236 Fibonacci retracement level, the correction scenario will be activated and we will expect the price correction to 0.382 Fibonacci (bottom of the channel) and then to 0.618 Fibonacci (lower middle channel).
Price targets:
$17167 - $17118 - $17052
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.