NickTsili

BTG to continue its uptrend?

Long
NickTsili Updated   
BITFINEX:BTGUSD   None
BTG did today a +50% from 160 to 260 US$. For the moment we observe a correction but the potential is enormous, if we remember that 10 days ago it reached 480 USD.
Will it continue its road to to the top?

I think that it is important to confirm first that the price :
1) stays between the "Support Line" and the "Resistance Line"
and
2) there is a sort a breakout over the blue line.

If these 2 conditions are met, it is probable that we will have an uptrend. If not, we must wait for some time.

By the way, for the moment RSI and Aroon seem to show a reversal to an uptrend.
Trade active:
Breakout successful! BTG trading at 258 USD!
Do not forget to add a trailing stop !!!!
Trade active:
BTG at 259 USD. If if breaks 260, we may have a party.
Trade active:
BTG at 276 USD!

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