฿ Bitcoin BTC/USD Daily Video, May 16 2019

Sive Morten

Special Consultant to the FPA
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18,564
Good morning,

BTC is strongly overbought on daily, and coiling around the top, forming inside sessions. Although sentiment stands bullish, it could be different setups for long entry - either upside breakout or deeper retracement:



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.
 
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