BTC - H1/M15 - CORRECTIVE MOVE ONLY IN A H4/D1 BEAR TREND !
H1 : Current price action is showing a sideways-slightly up channel within
a broad bear trend in H4 and D1.
Kijun-Sen rejected a breakout attempt and is likely to trigger some rebound again.
No change in my view, watch the clouds and the Fibonacci retracement, respectively
the 50% @ 48115 (also the top of the clouds !) and the 61.8% @ 49050.
A confirmed breakout of those levels would neutralise the current ongoing bearish price action.
M15 : Sideways-slightly up channel formation.
Watch carefully breakout of the channel either on the upside or on the downside which will show
the next price action
a broad bear trend in H4 and D1.
Kijun-Sen rejected a breakout attempt and is likely to trigger some rebound again.
No change in my view, watch the clouds and the Fibonacci retracement, respectively
the 50% @ 48115 (also the top of the clouds !) and the 61.8% @ 49050.
A confirmed breakout of those levels would neutralise the current ongoing bearish price action.
M15 : Sideways-slightly up channel formation.
Watch carefully breakout of the channel either on the upside or on the downside which will show
the next price action
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