alpakal

Bitcoin Gold Bullish Downward Pointing Triangle

Long
BITTREX:BTGBTC   None
Bitcoin Gold , BTG has a very bullish setup on the daily scale. Please note that this chart is on daily scale and take a bit of time to develop, but R/R ratio seems very good at the moment. BTG is close to the apex, and breakout can come anytime. Good buy volume , postive divergence on RSI , with TP1 = 0.00779, TP2= 0.0108 and SL = 0.0052, good luck
Comment:
Here are some fib ret levels that can help potential levels for exit.
Comment: Move stoploss to 0.059 and let this one run.
Comment:
Finally we're seeing some nice breakout action. Patience seems to have paid off. This is daily chart, so trade can take longer, just remember.
Trade closed manually: Closed the trade in profit.