I discovered a bullish reversal harmonic, originially discovered by Scott Carney back in the 1980's, on the monthly timeframe for $BTG. You're going to want to see a momentum shift confluence followed by a price-action-reversal to the upside, going forward, in order to feel even more confident about the trade-setup.
Support and bullish falling wedge seen. Another miner on sale with Gold at all time highs.
With gold rising, this is on watch, great company in developement.
Daily chart, the stock is showing a tendency to test the minor support line (orange) at 4.03 and rebound to 4.42 Above the minor resistance (green) line, the target is 4.55, then 5.50 after crossing Below 4.00, stop loss
Expecting BTG to go up 5 to 10% within the next 4 weeks, expecting to reach $3.4 to $3.5. Not a recommendation, educational purpose only.
BTG has been slowly dipping back down to that sweet sweet 3$, with a flag formation formed and tested today, could be a good position for a quick buy to hold for the next few weeks with potetial to test 3.11 and possibly break higher.
B2gold recently upgraded . Accumulation bowl pattern near previous major high . Bullish .
According to P/E, averaged, targeting price just shy of 10$. Strong res broken.
It can't be this clean, can it? BTG made multi year retracement to the 0.786 level and has not broken above the previous trendline that acted as support.
B2Gold Corp with a lovely break over the neckline of this reverse Head & Shoulders pattern. Target out of the pattern should see it move to about $4.30 next.
Red is the down channel....blue is where it seems to have shifted...green indicates hard shift in momentum. They just released 3rd quarter reports, everything is up...lets hope this shift has some weight and we see this climb to it's actual value point (around $9)
Weekly Double Bottom With Daily Wedge confirmation Trigger Point 4,76 Target 6
i will like see your view in comment! short position 0.1$ loss 0.6$ gain
$BTC is king but Gold will be making a comeback as well. This chart looks really good here.
General analysis of B2Gold and two possible setups.
Bounced off support on weekly. Looking for entries next week
Looking interesting at this level. Established previous resistance potentially turning to support