analysis
BTC/USDT/PERPETUAL/BYBIT/15m
In this time frame, the price chart has a downward trend line in which the price is involved.
According to the divergence that exists in the MACD indicator, if the price can cross its downward trend line and stabilize above the 0.382 Fibonacci level, the impulsive and kinetic scenario will be activated and the price growth is expected to reach the 0.5 level and then the 0.618 level. And we will have 0.786 Fibonacci.
Price targets:
23278 - 23384 - 23747
BTC/USDT/PERPETUAL/BYBIT/15m
In this time frame, the price chart has a downward trend line in which the price is involved.
According to the divergence that exists in the MACD indicator, if the price can cross its downward trend line and stabilize above the 0.382 Fibonacci level, the impulsive and kinetic scenario will be activated and the price growth is expected to reach the 0.5 level and then the 0.618 level. And we will have 0.786 Fibonacci.
Price targets:
23278 - 23384 - 23747