BTG had a bullish pennant breakout early this morning, but retraced back into it. I think this might be a second chance to buy in before the price takes off. The price is bouncing of the green support level. If you want to play it safe, buy the breakout.
Broadening wedge and descending scallop looking for a bullish reversal
In less than 12h frame indicators points strong reversal signals short term long position would not be bad at current level
Bitcoin gold idea I believe the rounded top formed on the BTC pair is a fake and will break-out
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...
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!
Entering here. Lots of potential on this trade. It may bounce between the triangle, but if it breaks out the price could fly!
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...
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.
BTG/BTC BTG short-term must be over as the price broke the trend-line resistance, if this candle closes bullish there is a chance it will move upward up to 1600 - 1800 sats regions before it will decide to continue higher or come down retest previous swing low.
BTG/BTC BTG has skyrocketed to the moon with over 300% pump on a single candle. It pierced through 200D MA like it was nothing there but found its major resistance area from Jan - July 2019 trading activity. We know when an asset pumps hard it will dump hard too, so be very careful and not to FOMO right now. I have highlighted below two key areas where BTG could...
BTG has formed a symmetrical bowl, the bullish wave is quite sharp.
Bitcoin gold looking to repeat a bullish reversal move in a downtrend, dual hang man wicks can be observed.