- Bitcoin's ( BTCUSD ) is coming to a halt.
- is also extremely low with Bitcoin doing mostly sideways-bearish action.
- Price is holding at 0.786 fib. from the last wave, which is a good support but has never been able to break above EMA10.
And as I always say:
1) Below EMA10 = Leaning bearish/bearish potential.
2) Above EMA20 = Leaning bullish/bullish potential.
So we have going down to almost none which is an indication of an upcoming breakout.
We have the moving up to neutral but with zero momentum and strength. And the is all the way.
With mixed signals, way more than and the 6th of February approaching... SECURE PROFITS ON AS MANY TRADES AS YOU CAN.
Bitcoin might breakdown strong here.
If it breaks up (without the support of any signals from the chart - Bitcoin tends to go against the flock), then all is good as we will have plenty of time to profit from the many new opportunities that will develop. (We trade altcoins rather than Bitcoin directly because they have more profits potential).
If it breaks down, we will have many opportunities develop as well.
So we remain out and we buy after the break.
That generated 131% profits for us already:
I see almost a split right between bears and bulls, and almost everybody is expecting a strong move... So what is nobody expecting?
Additional sideways action.
You believe Bitcoin can do more sideways?
I am still leaning more towards a strong breakout soon.
The chart has more bearish than bullish signals, but I am a strong bull.
This is within the range of $3,100 and $4,100.
If this is the case, our altcoins trade are pretty safe.
Stressing about the future is something that we do.
You can be anxious about desires, waiting and waiting for something good.
The future is beautiful for many of us.
The future is something that we look for.
The moment is now where we create, the future only exist if you are alive today.
Start living life and enjoying it, as it improves your life day to day.
Be grateful for your live now.
Be thankful for your friends now.
Enjoy everything you experience now.
Because the future is never coming...
Because THE FUTURE IS... NOW!
Thanks for sharing your charts and comments in the comments section below, highly appreciated.
Bitcoin Cash SV vs Tether:
Wanchain (learning article):
This is it for now... Thanks a lot for the support.
You can share your chart here without a problem, we are happy to read it.
Thanks a lot for sharing.
"way more bearish than bullish and the 6th of February approaching... SECURE PROFITS ON AS MANY TRADES AS YOU CAN. "