BTC is continuing its sideways correction btw 15888-18200
Nothing impulsive at the moment.
It could print a Flat/Triangle, so just have to watch at the moment the 6H to D time frame indicators (MACD & RSI)
The 12h RSI is currently showing a better trendline support, so it will require attention in the next few days for it to break the trend line support,
which could indicate the end of this sideways correction.
For the Higher Time Frame
The 3D macd is still negative, therefore the high timeframe trend is down with the next **MACRO TARGET/SUPPORT at 12500 (M100sma**
Will discuss the higher time frame after the M close
Nothing impulsive at the moment.
It could print a Flat/Triangle, so just have to watch at the moment the 6H to D time frame indicators (MACD & RSI)
The 12h RSI is currently showing a better trendline support, so it will require attention in the next few days for it to break the trend line support,
which could indicate the end of this sideways correction.
For the Higher Time Frame
The 3D macd is still negative, therefore the high timeframe trend is down with the next **MACRO TARGET/SUPPORT at 12500 (M100sma**
Will discuss the higher time frame after the M close
