investa

Bitcoin Gold / US Dollar (Wave Config)

BITFINEX:BTGUSD   Bitcoin Gold / U.S. Dollar
Not a trading idea.
Chart for monitoring and assessing all moves of the current digital asset.
Waiting for a decline in Volatility before next move which will break (above or below) a triangular formation hence defining its fate ahead.
Triggering levels and major S/R regression lines are shown. Scheme can be used for longer term monitoring to be able to look at the big picture.
Visually Intuitive Chart. (Suitable for dyslexic people)

Green area is buy or what?
Reply
investa RhondaWelsh
@RhondaWelsh, Before that we must register the decline in volatility as a progression in a form of triangle. If the price breaks above then it's supposed to mean that bulls will be in control of the market, therefore yes - "green area is buy". Read the description for god sake.
+1 Reply
@investa, who the hell buys bitcoin gold in anyway? :)
Reply
investa RhondaWelsh
@RhondaWelsh, YOU!
Reply
Kub0Lo RhondaWelsh
@RhondaWelsh, in feb btg will undergo major 2 updates which may possibly bump up price
Reply
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