Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG)
On a long-term weekly time frame, BTG has formed a bullish Gartley pattern.
I have developed on my last post for BTGUSD
Using these curved trendlines we can justify a support from a prior resistance (middle curved line)
After this point is reached expect a massive breakout of this big structure (both a falling wedge and symmetrical triangle at the same time)
The white line is an assumption of where this indicator will go once the breakout...
This is the daily chart for BTG
As can be seen a symmetrical triangle has formed
Price has moved up out of the triangle while maintaining the lower ascending trendline
This is a good sign for a potential breakout
Very cheap BTG !!
This is there where newbies might be weak hands here. There's some strong support levels here that if we breach in a confirned way, we will beed to adjust our HIGHLY BULLISH stance. Look at OBV, On Balance Volume. That's an arrow that short over overbought and corrections can't ignore. This is bull.
If you short Bitcoin at this point in it's evolution as it...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
After being rejected at $90, the selling force pushed BTG back to $75 but the buying force came stronger and BTG couldn't fall out of $75 so we can see BTG is very strong and bullish. The possibility of rising is very high. The targets that we need to watch out for are the $90, $120 and $150 zones
📈BUY
🔴Buy : 73-77$. SL if B
🔴Buy : 88-92$ if A. SL if...
This signal uses the 4 week rate of change on BTCUSD/XAUUSD (bitcoin vs gold) ratio to assist in creating a highly accurate, simple and consistent Bitcoin trading strategy. The idea stems from Bitcoin being a risk on asset and gold being a risk off asset, thus explaining why the two assests are uncorrelated. This is inspired by Michael Gayed's (@leadlagreport)...
Bitcoin Gold (BTGBTC) grew by 1177% on its Jan.-Apr. 2021 bullish wave.
All the altcoins grew really strong like we predicted would pass many months and years before.
It later entered correction mode and retraced by 69% while remaining really strong.
Right now, prices are back above the 0.618 Fib. retracement level of the full bullish wave.
BTGBTC is also back...
Here we have BTGBTC (Bitcoin Gold) trading high up...
We can see its price trading within a falling wedge.
Support is being found at MA200, black line on the chart, which is right above the 0.786 Fib. retracement support level relative to the last bullish wave.
It is still early and we have some resistance ahead... But we see other altcoins recovering, BTGBTC...
A good currency to invest and are now in good areas to buy
Purchase is phased, and don't forget about risk management
In the event that the price falls, it should not close below the green rectangle
And do not forget the most important thing is patience is everything in this area
Please support the idea by clicking the Like button and sharing your opinion in...
#BTGUSDT #BTG #binance #altcoin #crypto
After adding usdt pair in binance the chances of this coin to climb have increased
Exactly 12 hours ago, 5 minutes after the publication of the previous chart, it had a profit of about 12 percent. And went from $ 95 to $ 110.
Maybe the price will be tested again around 92 and then the uptrend will start.
Maybe between...
Hello Crypto traders!
Cryptocurrencies are in a massive rally and one of them is also BTGUSD (Bitcoin Gold), where we see room for more gains within a five-wave cycle, we just have to be aware of a potential pullback in wave 4, which can be quite big looking at the logarithmic scale chart. Well, what we want to say is that BTGUSD remains bullish while it's...
Wow, what a pump. Still some room to meet the ATH and at the moment not realistic, but downtrend broken and a very positive outlook for the upcoming altcoin 2.0 season.
With the last pump we've broken a strong resistance line and have successfully found support on it.
Watch out, BTG is coming - to the moon and beyond!
What do you guys...
