Bitcoin - Patience NOT Gambling Required.

Updated
Trade Pair: BTC.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: N/A

BTC.USD updates will be available in the comments section below.

Additional Information:
Price currently is sitting in between 2 key levels ( $8,600 & $9,700 ) which is causing the indecision and lack of impulsive price movements.
Trading the indecision ( sideways movement ) guessing which way it will break is in my opinion a gamble as the odds are not in my favour.

My approach is to await the next impulse which will either provide a swing or day trading opportunity.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Note
A nice clean break and close below the 1hr / 4hr 50EMA & ascending trendline.
Awaiting a consolidation period.
Note
A consolidation / pullback is now underway.

Awaiting a short opportunity, however I would advise being patient as the pullback may not validate my entry rules.
Note
Currently there is no entry for me to take advantage of the move, however i expect continued downside towards $8,700
Note
It's time.

Bitcoin Bull - It's Time To Take Advantage
Note
New Trade Idea.

Bitcoin - The Predictability
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