Short

Bitcoin Imminent Breakout (Secure Profits On Altcoins)

Updated

Bitcoin's (BTCUSD) volume is coming to a halt.
Volatility is also extremely low with Bitcoin doing mostly sideways-bearish action.
Price is holding at 0.786 fib. from the last bullish 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 volume going down to almost none which is an indication of an upcoming breakout.

We have the MACD moving up to neutral but with zero momentum and strength. And the RSI is bearish all the way.

With mixed signals, way more bearish than bullish 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.

Namaste.

Note

A potential gold mine:

BitTorrent (BTTBTC) Hits 8 Targets for 131% Profits

That generated 131% profits for us already:

Note

We always say that Bitcoin tends to do what nobody expects.

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.

Namaste.

Note

Based on my latest calculation, the most likely scenario is more BITCOIN SIDEWAYS.

This is within the range of $3,100 and $4,100.

If this is the case, our altcoins trade are pretty safe.

Namaste.

Note

THE FUTURE IS NOW

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!

Namaste.

Note

The tendency bias remains bearish+sideways. BTCUSD has strong support below and there is high possibilities of a double bottom if it goes lower.

Thanks for sharing your charts and comments in the comments section below, highly appreciated.

Namaste.

Note

Our Litecoin (LTCH19 SHORT) trade went smoothly, huge profits generated within 2 days of sharing. Over 100% profits potential for this trade:

Litecoin (LTCH19) Can It Be Shorted? 20X Lev on BitMEX

Note

Our MFTBTC trade hits first target for 19%+ profits (Additional targets available):

Mainframe FULL Exclusive Trade [MFTBTC](111% PP)

Note

Go here if you want to trade Ripple (XRPH19) with me and show your support:

Ripple (XRPH19) Falling Wedge (Trade Opportunity Developing)

Note

BitTorrent update:

BitTorrent Is Getting Ready For Another Round!

Bitcoin Cash SV vs Tether:

Bitcoin Cash SV (BCHSVUSDT) Reversal Signals Is In (35% - 80% PP

Wanchain (learning article):

Wanchain (WANBTC) Bullish Engulfing (Learning)

This is it for now... Thanks a lot for the support.

Namaste.

Note

Binance Coin (BNBBTC):

Note

Binance, the biggest cryptocurrency exchange, now takes credit card. This is a huge development that will facilitate the purchase of cryptocurrency for the masses.

Note

Take a look at Basic Attention Token (BAT), it will do massive numbers:

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.