As you can see, the price failed to stabilize itself above the downward trend line and came below the downward trend line. In the second failure, the price resulting from excitement or news broke this level and even got away from it with a few candles, but finally with a candle it even came below the downward trend line. You can say the third failure is a correct failure.
As you can see, the price could not properly break the downward trend line and returned to the downward trend line again. The pitchfork is drawn by the Auto Pitchfork indicator. As long as the price cannot break its downward trend line correctly; The downward trend will remain.
As you can see, it is located at the lower edge of the fork, and if the downward trend line and the middle line of the fork are correctly broken, a buying position can be opened. The specified price can be the first target of the upward movement. Please pay attention to the word "correct failure".
As you can see, the price tried 40 times to break the level of 23700.00 correctly, but still failed to break this level correctly.
As you can see, the price decreased to the level of 23318.00. But it increased again and went up to the next level i.e. 23700.00 but could not register itself above it and dropped again to the level of 23318.00 and now the price is a little higher than this level.
Currently, the price of Bitcoin has reacted appropriately to the three specified levels several times.
As you can see, the price could no longer break its resistance range and went down and reached the support range and fluctuated within this range for 6 hours.
The specified levels are obtained from Fibonacci percentages.
As you can see, the price finally entered the resistance range and after stabilizing its movement, it was able to reach the ceiling of the official range and break it for a while, but due to the fact that it could not stabilize itself above this level, it entered A resistance range has been entered.
As you can see, the price finally entered the resistance zone, but could not break it upwards, and finally after several attempts to maintain this zone; Finally, it broke this level downwards.
As you can see, the price could not break the resistance range.
As you can see, the price hit the lower edge of the resistance level and could not enter it, and the price decreased.
Important and valid targets in the 15-minute time frame
As you can see, the price first went up to near the drawn resistance, then it decreased until near the support range, but this range did not allow this symbol to drop further and the price went up to the resistance break.
As you can see, the price was supported by the support line and reached the declared resistance, but due to the 24% growth and due to the fact that the prices usually react a little lower than the resistances. give This happened to the price of this symbol as well. The analysis is finished.
The first support and resistance symbol is marked on the chart.
As you can see, the price went down to the specified support. Now we have to see if the share will be supported to move towards resistance or not? If the price intends to rise, a break in the middle of the road is not far from expected.
Support and resistance lines for the price are marked in the chart.