Bitcoin Gold (BTGBTC) is preparing for a second-round printing massive bullish action. We can see clearly and strong bullish action on low bull volume... Telling us that there is much more to come (when the big volume bars are printed/massive growth). I believe Bitcoin Gold will continue to grow. Prices are trading above EMA10, EMA50, and MA200 and the MACD is...
Falling wedge, included possible pathing within the wedge however this is hard to decipher so i just used a double curved line! TP is $50! IF you check out my last post I explain how ERC-20 tokens have much greater scalbility and will provide much greater returns. But if you are a bitcoin fan, this is for fun!
BTG made breakout, i think it has entered the accumulation process.. Break a leg!
BTGUSD has just recently had a bullish cross of the 50EMA and 100MA Moving Averages which historically is an excellent long-term bullish or bearish trend signal. BTGUSD has already formed a bottom and had a strong movement upwards on Jan 15th. After this retrace and minor correction there is a possibility that BTGUSD is on its way to test the strong resistance at...
Bitcoin Gold has formed a descending scallop against the bitcoin pair. Descending scallops have been surprisingly successful in the cryptocurrency market, possible due to the large abundance of the pattern. This is a bullish reversal pattern. Blue box indicates buy zone on EMA line.
It is located near 11.470787. Converging to 100MA. It is time for a wave to come out with a small spread. If there is no price increase, it is likely that the A section is touched. This is a return to the point before the ascent and requires a quick decision. Today's closing price should be created above 11.470787. BTG does not recommend new investments.
Just wanted to share an observation. Possible BTGUSD Inverse Heads and Shoulders bullish pattern forming on the daily chart. This alone does not carry much weight however, if you look at the ETHUSD chart (refer to link below), the 50EMA is close to crossing the 100MA. Historically the crossing if these lines on the daily chart signals a possible long-term...
All description on the chart. Please, don't forget to like and follow. Thank you.
All description on the chart. Please, don't forget to like and follow. Thank you.
Currently sitting near the bottom of the regression trend, a bullish break for this cryptocurrency would be massive, and a 50 PT is appropriate. Included fib extensions for reference, and also a EMA level for a possible breakdown. 0.82 regression uptrend.
Pattern: 1M Channel Down. Signal: Bullish as the price broke above the 1D MA200 (orange line) and marginally crossed the pattern's Lower High trend line. Ideally expecting contact with the MA50 first. Target: 30.000 (near the 1W Resistance).
BTG/BTC UPDATE: BTG finally broke thru ALL 3 TARGETS! Congrats to those who stuck with BTG and held out! BTG went ABOVE and beyond all expectations hitting a top of .00315. BTG is now on a strong correction, down back just above the short term order block in the first red block. Considering RSI is extremely overbought, and Stoch is beginning a come down, I would...
Since BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was...