analysis
BTC/USDT/PERPETUAL/BINANCE/15m
In this time frame, the price after
FAIL
The bearish pattern has undergone a kinetic movement with high momentum and up to the resistance range
$22,800
has grown
Due to the arrangement of the candles next to each other, the price has a geometric pattern
BEARISG FLAG PATTERN
According to this pattern and divergence in the indicator
RSI
First, there is an expectation of price growth up to the ceiling of the pattern, i.e. the resistance zone
$22,900
then we will wait for the start of a corrective movement first to the bottom of the pattern, i.e. the support zone
$22,695
Then, if the bottom of the pattern is crossed, expect further correction to support areas
$22507 - $22087
we will have.
GOOD LUCK
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