Bitcoin To $10,000+ In Dec. Pt.2 | Altcoins Market UpdateBitcoin (BTCUSD) starts to bounce and we have good volume coming in. Our last trade idea mentions a $10,000+ Bitcoin in December 2019...
You can take a look at it here | Bitcoin Going To $10K December | Will It Go Lower First?
BTCUSD Early Bullish Chart Signals
Above-average volume coming in for the bulls (Needs daily closure for confirmation).
Hidden bullish divergence on the RSI.
Reversal candlestick being printed...
These signals still need more time for confirmation, but Bitcoin is looking like its ready to change course and start to climb up.
Conditions for change
Naturally, if the last low at $6515 is broken, the above signals become invalid.
Altcoins Market Update
The Altcoins market continues to grow. Today we are having some really, really massive bullish action for many altcoins pairs.
We saw this coming months ago and appreciate your continued support... Now we can enjoy the profits.
Much more will come, here are some charts with recent results:
PATIENCE IS KEY!
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DATABTC (+1387%)
KEYBTC (+360%)
SNMBTC (+205%)
NAVBTC (+156%)
WPRBTC (+12%)
You can expect the altcoins vs bitcoin pairs (ALTSBTC) to continue growing for a very long time...
This is Alan Masters...
Thanks a lot for your continued support.
Namaste.
Alanmasters
Bitcoin Going To $10K December | Will It Go Lower First?Bitcoin is very likely to move to $10,000+ in December 2019, but before we go there, can it go lower now?
Bitcoin (BTCUSD) printed a full bearish candle to break below $8,000, reaching a low at $7394. Now, this candle is still active today so the next move really depends on the daily candle close since we are looking at this timeframe.
We are likely to see additional bearish action before Bitcoin bounces and starts to move up.
The low can be set late Nov. or early Dec. with the goal of reaching $10,000+ after Bitcoin bounces and starts to move back up.
This is just one scenario, my main view at the moment... Additional details can be found on the chart.
Thanks a lot for reading and for your continued support.
Namaste.
Why Will Bitcoin Grow Now? Why The Bulls Will Win!In a bullish market/bull cycle, altcoins go down while Bitcoin goes up.
Let me show you something that you are most likely very familiar with... The chorus goes like this:
When Bitcoin moves up strong, the altcoins tends to crash.
When Bitcoin moves down, the altcoins tends to crash.
When Bitcoin goes sideways, the altcoins tends to crash.
Lately, we've seen something quite different...
First. Bitcoin dropped 1000$ in one hit and the altcoins vs btc pairs held their support and some started to grow.
Second. Bitcoin started to grow and the alts remained the same and held their support.
Third. Bitcoin went sideways and the altcoins started to grow big time.
The difference is very clear and easy for all to see... So, what happens next?
Think the ALTSBTC pairs have a strong retrace and Bitcoin makes another jump.
What's your take?
Let's see how it goes.
Namaste.
Will Bitcoin Produce A Higher High, Higher Low or Lower Low?!Will Bitcoin (BTCUSD) produce a higher high, higher low or lower low?
The signals right now are pointing to a bounce (short-term) and straight to a higher high... These signals can change with time.
Everything is mapped out on the chart above.
Bitcoin can move higher but if support is broken (blue dashed line) the above signals are invalidated and can move lower.
The open 4H candle is the first confirmation to look for. A close above EMA10 on the current candle would be super bullish.
Another above support is good and keeps this analysis valid.
Thanks a lot for reading.
Remember to hit LIKE.
Thanks a lot for your support.
Namaste.
Bitcoin Sideways w/ Bullish Tendencies Continues | More AltcoinsBitcoin (BTCUSD) continues with its sideways consolidation as you can see on the chart above. The trading volume is really low so a strong move can happen anytime...
On top of the sideways action, Bitcoin is leaning more towards the bulls... Why?
Multiple of our signals remain bullish, for example, the RSI is above 50 and BTCUSD is trading above EMA10, but the trading volume is so low that a breakdown is as likely as a breakout. Anything can happen with this low volume.
We keep the same view as our chart for Bitcoin vs Tether (BTCUSDT), you can see it below:
As long as Bitcoin remains within the light blue zone, additional sideways action is expected.
The altcoins continue to grow, hitting higher highs and higher lows... Bitcoin is doing strong consolidation, we remain bullish until the signals turn.
Conditions for change
If Bitcoin moves lower and closes below EMA10 ($9213) or EMA50 ($9107), its bearish potential is activated and we look for the next support.
In the meantime, we are on the bull's side and continue to enjoy the altcoins growth.
What's your take on where Bitcoin is headed?
Share your thoughts with us in the comments section below.
Namaste.
Bitcoin Monthly Bullish Close | $8518/$7249 - $9788/$11596 (8)Bitcoin (BTCUSD) on the monthly timeframe closed with a bullish candlestick.
EMA10 held as support and now Bitcoin has the chance to move higher.
I made this chart pretty simple... This is how I am looking at it right now.
The light blue space is a tight range between our main resistance and support levels.
If $9788 can be broken, Bitcoin can easily move higher and reach $10,000+ to $11.5k.
On the downside, $8518 is the level to hold, if this breaks Bitcoin can easily move lower and test $7249... That's what you see on the title.
Right now the weekly chart is also looking bullish for me so I am of the bullish view... Take a look at the trade idea below.
How Does Bitcoin Make It To $33,333? | 6 Signals
Thanks a lot for your continued support.
Namaste.
How Does Bitcoin Makes It To $33,333? | 6 SignalsBitcoin's path to $33,333+.
Let's keep it simple.
We are going to look at just 6 different signals. We had all these same signals before the 2019 Bitcoin bull run, let's take at look at them now and see if it makes any sense...
Hit LIKE and push me up...
(1) Bullish flag.
(2) EMA10/EMA50 Cross.
(3) Bullish divergence with the MACD and RSI.
(4) Volume jump.
(5) MACD moves above zero.
What followed after these 5 signals was a short consolidation period of several weeks and then a massive and sustained bull run.
What will happen this time?
Share your thoughts in the comments section below.
Thanks a lot for your continued support.
Namaste.
Will Bitcoin Really Collapse Or Just A Bull Flag?Patience is key we are used to saying... is it not?
Will Bitcoin collapse?
Is it collapsing already?
Doomsday is here?
Bitcoin (XBTUSD) broke below EMA10 switching its bullish potentially from bullish to bearish on this timeframe (4H)/short-term.
Note: On the daily timeframe Bitcoin is still safely trading above EMA10 which is sitting at $8835. (Meaning that the bullish potential remains longer-term)
With that said, this retrace is shaping up but is still as normal and as classic as it comes.
Prices for Bitcoin tend to make their move on or after mid-week/Wednesday+...
So Bitcoin (XBTUSD) retraced and almost reached the 0.5 Fib. retracement support from the last bullish wave.
The 0.382 Fib retracement support was sitting at $9330 which is now resistance because Bitcoin's price is below it.
Depending on how the next few candles develop, Bitcoin can move up after touching EMA50 or can retrace further to reach the 0.618 level, which is $8555.5 on this chart.
The blue area is the consolidation zone and can be activated if Bitcoin decides to consolidate sideways.
Trading volume is really low... so the bears are lacking strength. If the volume does not show up for the bears, no follow-up, then expect a bounce and a move up (curved green arrow) .
If the bears do coming in, Bitcoin will test the lower support levels (red arrows).
Please allow time for this chart to develop... Patience is key.
Previous analysis:
Thanks a lot for reading.
Namaste.
Bitcoin Cash (BCHZ19) with Leverage (128% on 7X lev.) | TradeThis is our full trade for Bitcoin Cash (BCHZ19) with leverage.
This is for advanced/experienced traders only.
This is not financial advice.
______________________
Trade: LONG BCHZ19 (Bitcoin Cash)
Leverage: 7X
Buy-in: 0.02700 - 0.02750
Targets:
1) 0.02830
2) 0.02920
3) 0.03000
4) 0.03133
5) 0.03233
Stop-loss: Close daily (D) candle below 0.02580.
Liq. price: 0.02450
(Buy-in calculated at 0.02730)
Potential profits: 128.94%
Capital allocation: 7%.
______________________
Thanks a lot for your continued support.
Remember to hit LIKE if you want to see more of these BitMEX (leveraged) trades.
Namaste.
Bitcoin Weekly Changes (New Targets & Support | $17.9k Possible)Bitcoin's bulls showed themselves really strong last week when they bought everything below EMA50 and pushed the price above EMA10 in one single candlestick.
Bitcoin (BTCUSD) was trading below EMA10 ($9170) and fell below EMA50 ($8012) to reach a low of $7293... As soon as this low was hit, Bitcoin had a very strong bounce and the bulls now are back in control... So what happens next?
Let's take a look at the signals coming from the Bitcoin weekly chart
Here we can see the 'reversal signal' with a bullish candlestick marked with a blue circle.
When you look at the trading volume, we can see a huge increase and a strong breakout. The highest volume since May 2019... Last time we saw this type of volume Bitcoin grew from $8000+ all the way to almost $14000.
The RSI remains strong above 50 (this is bullish).
The MACD is starting to curve and the histogram is already moving in favor of the bulls. The MACD is also on the side of the bulls.
Bitcoin is clearly trading above EMA10/50 with a new green count starting on the TD Sequential indicator.
With lasts week's candle, you can consider EMA100 ($6987.80) to have been tested and Bitcoin can now try and test higher resistance levels on the way up.
One more support level is yet to be tested which is EMA200 (orange) at $5391. But if this level will be tested Bitcoin is very likely to first move up.
New Bitcoin Targets & Support Levels
After the lasts weekly candlestick close, we have new targets for Bitcoin.
The sellers were clearly rejected and the bears are now gone...
This can obviously change if the last low is broken at $7293 but now we remain bullish and strong...
What about the new targets and support?
Continue reading below...
SUPPORT LEVELS
As immediate support we have EMA10 sitting at $9176.
The next support if Bitcoin moves down and closes below EMA10 will be $8800 followed by $8000-$8250.
The main support is the last low mentioned above.
RESISTANCE LEVELS/TARGETS
Now that the Bitcoin bulls have given us a strong and clear signal, let's take a look at what's in store for on a bullish follow-up... the immediate resistance is now sitting at $9789.
A close above this level and $10560 enters the picture.
Finally we have $11300 followed by $12400.
Depending on how these levels are handled we can analyze the next move.
If you would like to look at Bitcoin shorter-term (daily timeframe), check the trade idea below | Everything Chances Now... New Bitcoin Targets ($12,000+ Next?)
I will also leave you with a positive message below hoping to send you good vibes and positive energies to start your day.
Make sure to leave a comment, follow and/or a LIKE, as well as share your chart with us below.
Thanks a lot for reading.
Namaste.
Everything Chances Now... New Bitcoin Targets ($12,000+ Next?)After a fake breakdown Bitcoin is now undergoing some really massive bullish action and additional growth is possible and happening now.
On the chart above we can clearly see a fake breakdown of support in the form of the moving average (EMA300/grey bold line)... EMA200 (orange) was working as resistance but was also broken with Bitcoin now trading above it.
Even more important is MA200 (black line) which is now below Bitcoin's price... In just two days, Bitcoin managed to conquer all of these levels and is aiming higher... Where to next?
We have a bullish MACD and RSI with basically no sellers. The past few days Bitcoin just continues moving higher. There is no reason to believe that Bitcoin will stop unless it does so, so we aim for the next target.
We are now looking at $10,500 next followed by $11,350.
If these levels can be broken, you can expect Bitcoin to reach $12,400+.
This is no exaggeration, the volume is really strong right now and this is the type of move that supports the bullishness we are seeing with the altcoins market and the fact that a new cycle is already on...
The bear market is over... The bulls are back in control.
Namaste.
TRON Is Doing Solid Growth | Likely To Continue GrowingTRON (TRXBTC) has been growing since hitting a low in early September. We can see a clear uptrend forming with higher highs (HH) and higher lows (HL) being printed.
The volume is increasing gradually and the price stays above support (EMA10 and EMA50).
Looking at these signals tells me that this pair is very likely to continue growing... Not only for a few days but Tron can go on a strong uptrend for weeks or even months.
Here is my previous analysis for Tron (TRXBTC), published one (1) day before the low was hit... From this point forward; growth, growth & more growth!
Tron Long-term | Over 1200% Profits Potential | 1-2-3 Steps
Thanks a lot for your continued support.
Namaste.
Can Bitcoin Go To $10,000+? New Bullish Scenario Considered +...Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges.
After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe.
Above EMA10 gives us bullish potential...
Now that EMA10 has been conquered, the next target becomes EMA50 which is sitting at $8800+, but $8588 needs to be taken out first.
Let's take a close look at the RSI (Relative Strength Index) indicator to see if it support further growth
Here you can see BTCUSD RSI's trading above resistance (red dashed line)
New low (oversold/weak) was hit on the 26-Sept. and now it is gaining momentum up.
Can easily hit up to 67 to support this move as strong.
What about the MACD (Moving Average Convergence Divergence) indicator?
Let's take a close look at it as well:
Even though it doesn't look as good as the RSI, the MACD is also trading above resistance (red dashed line) and this setup allows for additional growth.
If the MACD decides to move lower, it immediately has strong support.
The histogram is now green... Only follow up is needed by bulls, which can come as early as Wednesday or Thursday.
Here we took a more detailed look at our classic indicators and the Bitcoin (BTCUSD) chart in general shorter-term.
If you are looking for the LONG-TERM view, check the trade idea below:
Thanks a lot for reading and your continued support.
This is Alan Masters.
P.S. I don't buy likes and traffic either, so if you enjoy this content and would like to show your support feel free to hit LIKE. :)
This is not financial advice.
Namaste.
Bitcoin Weekly | New ATH After... $6.3K or $4.7K 2020 Bottom?Bitcoin (BTCUSD) reached a peak price in late June... Old news, and moved down to test EMA10...
After some consolidation, EMA10 was broken and now Bitcoin's price is trading just above EMA50.
Looking at the bearishness of this chart, EMA50 can breakdown next just as EMA10 broke.
If this level breaks, the next support is sitting at around $6,350 or EMA100.
From this level, we can expect a strong bounce and a nice run until Bitcoin's price starts to drop in preparation for the 2020 Halving hype. This bounce can push BTC over $11,111...
The halving will be promoted as an event that will push Bitcoin to new highs and many beginners will start buying en-mass... Bitcoin will crash hard and only after the halving it will start a new slow and steady growth process.
This is of course just one scenario based on past history, chart signals, and experience.
After EMA100, we also have EMA200 (orange) & MA200 (black), these are the strongest support levels based on these indicators and where the reversal happened back in December 2018.
It is also possible that MA200 is tested again and I believe this to be the lowest price possible for Bitcoin in 2020. That is around $4700 USD.
I am not saying that Bitcoin will go this low next year, instead, if EMA100 does break then this is very likely where the bottom will be.
I think the ~$6000 area is very important in deciding if Bitcoin goes lower or if it reverses... It all depends on how this level is handled.
There will be lots and lots of changes coming up worldwide in 2020. There will be many life-changing events affecting each and every one of us.
So it is hard to go that far without knowing how big and with who is going to be the next war.
After the 2020 low is hit... Bitcoin (BTCUSD) will move to new highs and grow for years to come.
That's my prediction...
Don't think so?
Do you agree?
Well... If you have so much to say... Please share your charts and thoughts with us in the comments section below.
Namaste.
Bitcoin Showing Early Signals of Reversal | Next Target $8.2kBitcoin (BTCUSD) is showing early reversal signals.
We can see its price now moving above EMA10 and gaining momentum.
If this movement continues, we can expect Bitcoin to hit $8,088 easily followed by $8,200 after.
The $7800 - $7900 range is where we can now find strong support. If prices move lower, this will be a very important level.
Right now, Bitcoin is now aiming higher but we still need to see some volume for this move to be strong.
Patience is key...
Thanks a lot for your support.
Namaste.
Bitcoin Retrace Over?Bitcoin (BTCUSD) took a two days break and is starting to bounce.
It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave.
If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher.
But if BTCUSD moves below $7993 (0.786 Fib. retracement support), it can easily below lower (red arrow).
To the upside, the next target is sitting at $8168 followed by $8225 (short-term).
Depending on how these levels are handled, we focus on what happens next... What's your take?
Namaste.
BITCOIN Strong Consolidates | ALTCOINS Market Full UpdateBitcoin (BTCUSD) did not move to 9k, which is obvious, it continues consolidating within a range...
Sideways Bitcoin = Altcoins Growth
My previous analysis on Bitcoin remains valid (you can see it below), we now proceed to take a look at the Altcoins growing more and more.
Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full Moon
ALTCOINS Market Update
We enter mid-October 2019 and the altcoins market is now used to seeing green.
We are seeing so much bullish action going on with the altcoins, that even the smaller capped ones, those seen on exchanges such as Poloniex, HitBTC, and Bittrex, are starting to produce really massive gains.
I am looking daily at dozens and sometimes hundreds of charts... This is what I am seeing:
Growth that we haven't seen in years. Normally we would have a bullish wave every few months just as we have a bearish one. These bullish waves produced nice gains but nothing compared to what we are seeing now. We are seeing really strong bullish action for these altcoins with most of them bounce from new All-Time Low (ATL). This ATL is really important and a huge signal... Once the altcoins reached new All-Time Highs (ATH), they started to fall and went down for almost 2 years. So this is a bigger cycle... The bigger bullish cycle is already on its way, so we are very likely to see the altcoins grow for years (hitting higher highs and higher lows all of the time).
Indicators and charts giving out signals that are super bullish. Normally we look at EMA10, as a basic and simple indicator, to gauge the bullish potential of a chart. This indicator shows the average price in 10 periods... Now, we are seeing many of these altcoins pairs, some even bottomed out, above EMA50 and EMA100. When you see this... You know that the next move to the upside is going to be strong. Signals such as these are now common throughout most charts.
I've shared many of our altcoins results... I hope you saw them... Some are already at 500%+, 400%+, 300%+, etc. And these are the ones we caught, there are many more pairs printing such gains with the charts looking like they can continue doing more and more...
Overall, this is just the beginning of the BULL CRYPTOCURRENCY MARKET... So just as we saw and benefitted from all these opportunities, many more will come.
Remember to stay calm and take your time before you make any decision related to trades.
If you rush you can make mistakes. But if you have patience, stop, go out, come back and check again, your mind will be clear and it will be easier to achieve success.
For any questions feel free to use the comments section below.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full MoonBitcoin (XBTUSD) is likely moving higher now... but why?
On the chart above, take a look at the trend line... This trendline worked as a strong resistance pushing Bitcoins price down multiple times.
After it was broken, Bitcoin challenged the next resistance and came back down to retest the trendline... The trendline held successfully and Bitcoin is now showing signals that it wants to go up...
Here are the signals coming from this chart
The MACD is showing a bullish crossover as well as moving on the bullish side.
The RSI is really strong at 60+.
Trading above EMA10/50/100/200 is really bullish.
Bull/Green volume growing on a Sunday/Weekend/Full Moon (people are out in the streets on Full Moon).
This is a bullish setup right here... But protection is needed.
The charts are always changing and this is a 1H chart. So in just a few hours, this whole setup can change drastically, for this reason, we prepare for any and all outcomes.
A break below support in the form of EMAs (EMA10 to 200), would increase the bearish potential and invalidate this setup.
A full candle closes below $8150 can be used as a stop-loss... Remember, this is not financial advice.
Thanks a lot for reading.
Thanks a lot for your continued support.
This is Alan Masters.
I am always sharing with love in my heart.
I hope you enjoyed this content.
Namaste.
Is Bitcoin About To Hit $9,000 Today?Following up on our last Bitcoin (BTCUSD) analysis... Will it hit $9,000 Today?
Volume is still low but gaining momentum.
Now trading above EMA10 and EMA50.
RSI is now on the bullish zone.
Bitcoin is strong and the altcoins continue to grow.
Previous analysis:
Thanks a lot for your continued support.
Namaste.
Will Bitcoin Bounce And Move Higher Right Now? | Here Is Why!Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since...
A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick.
But still, we believe Bitcoin will bounce and move higher, why?
The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is still no volume, then the bounce is guaranteed.
The RSI is still doing good above 40. Not strong but still good if above 44, right now it is 47.97.
Note: The blue rectangle is the potential sideways path for Bitcoin if it decides to do some sideways consolidation.
Multiple scenarios are drawn on the chart...
Where do you think Bitcoin is headed next?
Share your thoughts and charts in the comments section below.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Bitcoin | The Bullish Scenario | Path To $28,888+ 2020 & Beyond!Most people believe that Bitcoin (BTCUSD) is entering a consolidation phase (green triangle) which will lead to a bullish explosion pushing bitcoin higher in value.
A repetition of what we saw in late 2019 and early 2020.
If this scenario comes to pass, we can see Bitcoin hit $28,000+ in early 2020 and beyond...
We've looked at the short-term view, bearish and bullish.
The long-term view we saw was mostly bearish...
Here we are looking at the bullish scenario long-term...
Where do you think Bitcoin is headed?
Share your thoughts below...
Namaste.
Bitcoin Changes Sentiment | Bullish Or Bearish Now? | AltcoinsIs the Bitcoin (BTCUSD) chart changing?
Have we gone from bullish to bearish short-term after we hit 3 targets for our last BTCUSD trade?
Let's take a look...
Feel free to hit like if you want to now show your support.
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On the chart above we have the 'UPPER TRENDLINE' and 'LOWER TRENDLINE'... This is the range in which Bitcoin is trading right now.
First, keeping it simple:
1) If prices move above the 'UPPER TRENDLINE', Bitcoin can move higher and reach our next target at $8550 and beyond.
2) If prices move below the 'LOWER TRENDLINE', Bitcoin can move lower and test the last low at $7720.
3) If Bitcoin can't break either trendline, we are likely to see its price moving within the range mentioned above... This is likely to happen since the altcoins are growing and Bitcoin sideways is good for Altcoins growth.
Bitcoin continues looking good, solid and strong.
This short-term analysis has a few mixed signals, so we have to wait to see what the next move does...
In the meantime, many altcoins are having a very strong wake-up call...
Altcoins Market Update
I mentioned several months back about the altcoins hitting a low and starting to grow for months to come...
All those altcoins that hit a low back in August 2019, have been either consolidating or growing since their new ATL hit.
Now, there are some altcoins that are still going down and recently hit new lows (late September), but these pairs as well are now consolidating and many are having strong moves up.
The altcoins market continues to heat up...
If you missed one opportunity, do not worry, many more will come.
Even if you see huge growth, remember that this is only the beginning... And if you are reading this now, buying/trading, then you are already a winner, since you managed to catch the bottom of the altcoins market before the next run.
Thanks a lot for your continued support.
Namaste.
Bitcoin Bullish Signals On The Daily TimeFrame | $11,111 Next?Bitcoin (BTCUSD) just printed a strong bullish candlestick pattern, but we are not there yet...
Feel free to hit LIKE now and let's get started with this analysis... Thanks a lot for your support.
Bitcoin (BTCUSD) | Daily (D) Timeframe Analysis
Circled in green, we can see the bullish engulfing pattern.
We can see a young bullish MACD crossover.
MACD histogram going in favor of the bulls.
RSI Hit oversold.
Higher low was yet yesterday compared to the 30-Sept.
We are not there yet... These are early bullish signals as they are still developing and the charts are always changing.
BTCUSD is still trading below EMA10 (green line on the chart), which gives it bearish potential.
Before we can confirm a move much higher, this barrier needs to break.
BTCUSD needs to close daily above $8260 to confirm its bullish potential.
$7700 is our main support and last low. Above this level, we keep the bullish potential scenario.
Below $7700, Bitcoin can easily move lower.
You can leave a comment if you have any questions.
Make sure to share your charts in the comments section below with your opinion and ideas...
Thanks a lot for reading.
Namaste.