Sive Morten
Special Consultant to the FPA
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Good morning,
Bearish pressure is rather strong on BTC. Just read our recent analysis. Currently we do not recommend to go against major tendency, at least until clear signs of reversal will be formed. If you still try to go long - it would be better to rely on higher time frames pattern. Daily butterfly is one of them:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Bearish pressure is rather strong on BTC. Just read our recent analysis. Currently we do not recommend to go against major tendency, at least until clear signs of reversal will be formed. If you still try to go long - it would be better to rely on higher time frames pattern. Daily butterfly is one of them:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.