Bitcoin Gold is one of the forks of bitcoin. And yes, positive momentum reflecting the higher highs with multiple 1-2 patterns causes me to believe that this one is going higher. Not financial advice.
Technical analysis:
. BitcoinGold/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility...
Technical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.109290 to 0.089890). if so, traders can set orders based on...
Technical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. BITCOINGOLD/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Closing price of 26th June ended below the open of 25th causing me to review my long position.
It was reason for me to review because on 24th there was a divergence between MACD histogram and the opening and closing price. The close of the 25th was a bullish signal in my opinion (marked with yellow arrow) because it closed outside the open and close of the 24th...
Technical analysis:
. BITCOINGOLD/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
Price is in the support zone (55 to 38), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
....
Technical analysis:
BITCOINGOLD/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 54.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone...
Oh hi there, it's Marmalade Mike,
Firstly, this call gives me no pleasure to call. Though I certainly never don't hate on any coin, if a coin can make us money then i'm more than happy for it to exist.. BUT.. it's got to be said that when it comes to Bitcoin Gold i'm not such a fan since it doesn't bring anything new to the space and how it got listed on all the...
