Depend on divergence and RSI support signals

83
Bitcoin 15-Minute Chart Analysis

The larger Wave ③ initiated after a breakout above an inverse head and shoulders pattern.

Wave ③ appears to have completed near the 2.272 Fibonacci extension, followed by a divergence, signaling the start of a correction.

A mild A–B corrective rebound occurred, then another drop followed after a second divergence and RSI resistance.

Currently, moving averages remain in a bearish alignment (death cross).

Refer to Fibonacci retracement levels to gauge the depth of Wave ④.

Wave ④ completion will depend on the presence of divergence and RSI support signals.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.