gogleplay

BTG Breaking out from Resistence

gogleplay Updated   
BITFINEX:BTGUSD   None
BTG/USD is breaking out of resistance where it formed a inverse head and shoulder pattern before. If the bar closes above resistance with good volume it would be a Buy signal. Wait for it to test the resistance level at 133.


This is only for educational purposes. For any financial decision please consult your financial advisor.
Comment:
looks like the daily chart shows the candle will close above the resistance line. I believe this will reach 200 next.
Comment:
Failed to go through the resistance and fell back through support. next support 122 must hold.
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.