Fibonacci-Signals

BTCUSDT Technical Analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS

Here on the 1 hour time frame we see that BTC is in a Bullish channel and has got 3 rejections from the Support line. On the other hand the price is right at the previous Resistance turned into Support which is suggesting the price might go higher from this level. If the Pullback happens it must be around 37978.0

TP1 @ 39690.0
TP2 @ 41078.0
TP3 @ 43748.6

SL @ 37365.0


Happy Trading :)

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