bshgeo

BITCOIN - JAN 27 2018 - MORE OF THE SAME

POLONIEX:BTCUSDT   Bitcoin / Tether USD
BTC REMAINS IN AN OVERALL BEARISH TREND . SHORT TERM (NEXT DAY) I EXPECT BTC TO GET A LITTLE BOUNCE UP. HOWEVER UNTIL WE TAG THAT 8700 LEVEL I JUST DO NOT THINK IT CAN ESTABLISH A BELIEVABLE UPWARD TREND. I DO THINK POTENTIAL OF MOVING LOWER THAN 8700 RANGE, WHICH SEEMED LIKELY A WEEK AGO, IS NOW UNLIKELY. RSI IS SHOWING HEAVY UNDERSOLD AND MACD SUGGESTS A MOMENTUM CHANGE IS IMMINENT HERE SO I AM LOOKING SHORT TERM TO SEE PRICE INCREASE PRIOR TO FINISHING THIS C DOWN.

GOOD LUCK AND KEEP STOPS TO PROTECT YOUR ACCOUNT VALUES IN PLACE ALWAYS.

OH THERE ARE OTHER COINS TO PLAY WHILE BTC IS GRINDING. SEVERAL OF THE ALTS HAVE BEEN STRONG MOVERS OF LATE. VEN , ZRX TOO NAME A COUPLE. BOTH SEEM TO HAVE SOLID MANAGEMENT TEAMS AND USEFUL TECH SO LOOK FOR THOSE KIND OF COINS FOR LEADERSHIP AND PRICE MOVES WITH LOW TOTAL CIRCULATION. XLM IS ANOTHER COIN I AM INTERESTED IN AND HAS BEEN BEHAVING PRETTY SOLID IN THE FACE OF THE BTC WEAKNESS.

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