BTC ANALYSIS 15M

BTC / USDTPERP analysis
15M time frame
In this time frame, after falling from the $ 39,800 level to the $ 38,500 support range with high momentum, the price has entered its correction phase and we expect the price to correct up to our 0.618 Fibonacci level, ie the $ 39,300 level. If the price crosses the 0.618 Fibonacci level , ie the $ 39,300 level with a valid candlestick, the uptrend scenario will be activated in this timeframe and we will expect the following target point:
TP1: 39500
TP2: 39900
TP3: 40100
And if the price returns from the level of 0.618 Fibonacci and crosses the support level of $ 39000, the bearish scenario will be activated in this time frame and we will expect the following target point:
TP1: 38800
TP2: 38500
TP3: 38100

good luck
DAAN