Sive Morten
Special Consultant to the FPA
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Good morning,
BTC has broken all major intraday supports and looks weak in recent sessions. This lets us think that downside action will continue. At least BTC doesn't look attractive for taking long position right now:
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.
BTC has broken all major intraday supports and looks weak in recent sessions. This lets us think that downside action will continue. At least BTC doesn't look attractive for taking long position right now:
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.