sumastardon

BTGUSD Buy this dip for rally back to highs

Long
BITFINEX:BTGUSD   None
BTGUSD
BTG took over from BCH at around 11pm est - as BCH topped out BTG took on the baton and ran higher and higer for the
next 5 hours as BCH headed back south. The patterns are similar on both charts, both tracking within a series of
parallels, a sell off the top pair and and a buy off the lower pair. It's ahving a problem at 305 and looks like it has to
unwind a little more before it can go again, ideally dipping back into the lower 2 parallels where it can be bought again
ahead of a possible good weekend rally in prospect.
Alternatively, buy on a break above the dynamic resistance line off the highs on a successful retest for rally back to highs
BTG stays good overall whilst it holds the parallels and should continue to be bought on dips until we see the lowest parallel
broken.

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