AlanSantana

Bitcoin Gold Ascending Channel Analysis

Long
BINANCE:BTGBTC   Bitcoin Gold / Bitcoin
Greetings my fellow cryptocurrency trader, we had a great start to this week.

We have a rising channel on the BTGBTC ( Bitcoin Gold ) chart.

Here we can clearly see a falling wedge breaking bullish within this rising channel .

It is also easy to spot the higher low and prices currently challenging and trading above EMA10.

These are all bullish signals.

Above the "rising trendline", the lower one, we remain strongly bullish on this pair.

If prices break below this line, we can expect lower prices (red arrow).

Enjoy.

Namaste.

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