Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG) On a monthly time frame, DCR has formed a big bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG) with BTC pair. Recently, we had a nice trade of BTG: Now on a 4-hr time frame, BTG has formed bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Entry Point: 90$ Stop Loss: 70$ Take profit: 160 (Sell on an all-time high!) Approximate time: 30 to 60 days.
Bitcoin Gold, a fork on Bitcoin, is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. BTG has had a stellar outbreak to the upside, passing the 162.8% fib extension level, and then the 261.8% level. It's made new high three times in a row, with the latest high around 115.35. If price can push above around 107.34 then this...
Using fib circles we can see the breakout within 2.618 This may continue as the price has just entered this Fibonacci circle ring If my 'Fibonacci waves' piece of theory is correct then a bull wave is the result within 2.618 Fib waves attached Imo BTG is extremely undervalued for something attached to BTC, much like Ethereum Classic.
Gold against bitcoin was lower only in 2018. From this point I expect another 30% up in Bitcoin price till 24000 after which there will be a crush like 2018
Bitcoin Gold technical analys 4h ( BTG )
Hi Traders, Hope u got it ! Bitcoin and Gold have a very closely similar chart for now, Like BTC was correlated few weeks ago to S&P500, during the Pandemic Crash. The Next incoming economic crash with Covid Phase 2 returns will be very interesting... we will know wich safe haven peoples will decide to invest in. Follow Bitcoin + Gold to get a clear View...
Practicing the fib time zones, let me know. Possible peak spiral price of 14500 at peak of a bubble (1/1) Gann line is the mean price line increase for BTG over the next few years.
BTGUSD has formed a falling wedge This may be the third wave with the wedge however there may be a fourth However it could breakout ya never know
Various chart patterns have formed on the BTG/USD chart, including a symmetrical triangle that holds a falling wedge within it, VERY bullish. An Eve and Adam pattern (opposite of adam and eve) Eve bottoms appear rounded while Adams appear straight and sharp (I like to think of Adam and Eves private parts in the Bible to remember) This again is very bullish. A...
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...
Possible fractals of GOLD in relation to Bitcoin. GOLD pumped even before the incident in Iraq between Iran and U.S but considered to be a safe haven asset pushed it further as investors are still holding. Remember that GOLD and BTC has numerous fractals showing with relation to the use of each asset/security. Bullish divergence present at MACD's histogram
Bitcoin gold at key fib level of 0, possible drop lower before movement upward initiates.
BTG Short, Mid, Long term Trading Plan: Sell targets are above on chart. Thanks a lot for reading. Enjoy your trade :)