BTG is in a sensitive area for trading. As we can see, it is in an upward channel with the support area of 54-60. In the next few days, BTG will likely to react with its biggest downtrend resistance and we will know if it will successfully breakout or not.
In the case BTG successfully breakout (expect a daily candle close above 69 USD), we will go up to a tough resistance around 80. If BTG can break through this area, we can be confident to head for 139 USD.
If not, we should wait for a better chance to trade with BTG.
If you want to take the risk, you can enter now with a tight stop-loss under 53.
If you prefer to play safe, wait for the breakout then enter the trade.
Good luck!!!
P/s: I would like to take some risk so I will enter a small amount here :)
*Just my thought, mind your own trade*
In the case BTG successfully breakout (expect a daily candle close above 69 USD), we will go up to a tough resistance around 80. If BTG can break through this area, we can be confident to head for 139 USD.
If not, we should wait for a better chance to trade with BTG.
If you want to take the risk, you can enter now with a tight stop-loss under 53.
If you prefer to play safe, wait for the breakout then enter the trade.
Good luck!!!
P/s: I would like to take some risk so I will enter a small amount here :)
*Just my thought, mind your own trade*
Trade closed: stop reached:
Should not take risk, haha. Looking to re-enter trade next time
