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
Here you can see good buy zones for BTG. Very soon will be a halving of it. So I think it can be positive for it. I opened position at 5,94 Trade in profit!
BTG/BTC -Must break trendline resistance at 1160 sats -Must hold above 50D MA -New support is being established at 1060 sats -Upside target is up to 1700 sats -Stoploss below 1059 sats
Looking at the 4H chart for BTG/BTC, BTG has been making some bullish moves that should not be ignored. We can see that BTG broke out of its falling wedge and is currently testing the top of its descending channel.The price action has set up a nearly complete inverse head and shoulders pattern. We have had several pops above the trend only to be pushed back down...
Please leave a like. Long term Bullish on BTG. Bottom is in & clear skies ahead.
All description on the chart. Please, don't forget to like and follow. Thank you.
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!
Entering here. Lots of potential on this trade. It may bounce between the triangle, but if it breaks out the price could fly!
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...