BTC -M15 - LOOKS LIKE VERY SHORT TERM CORRECTION IS COMING...
M15 : As very short term indicators do not confirm the upside ongoing price action, we should see some small downside correction.
For the time being, after the sharp upside move seen this morning, it is difficult to tell which kind of amplitude this potential
correction might have !
Indeed, the very short term support level is @ 51215, ahead of 50600.
The latter level being the highest level seen yesterday !
Watch carefully price action over the coming period in this time frame and on H1 for validation or invalidation.(Last H1 closing candle
triggered a shooting star doji = warning !)
For the time being, after the sharp upside move seen this morning, it is difficult to tell which kind of amplitude this potential
correction might have !
Indeed, the very short term support level is @ 51215, ahead of 50600.
The latter level being the highest level seen yesterday !
Watch carefully price action over the coming period in this time frame and on H1 for validation or invalidation.(Last H1 closing candle
triggered a shooting star doji = warning !)
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.