I went short $BITO
its moving into its 20 week cycle low after a large peak formed this month
The model on BITO 0.00%↑ looks short at this time
Several reasons:
40 week peak recently
passing below 20 day FLD here
D category interaction of the 80 day FLD expected soon
model shows down
40 day VTL break down
40 week FLD projection down is large
the above is the 80 day FLD: Im looking at the D category interaction to take price to 18.00 after a decent B-C interaction of that trading cycle
Derek