BTG Long Term Inverse HS coming into play/ Consolidation phase
BTG has been forming a long term Inverted HS over the coarse of the past year, currently found a nice support ~18 dollar mark, but definitely has room to move down into the lower 17 dollar range.
BTG isn't necessarily a smart Long ATM.
I suggest continued TA, as BTG moves sideways between ~17-19 ranges as a considerable drop from Bitcoin (down to ~8.7k) could easily invalidate these charts at this point.
NOT AN EXPERT, DISCLAIMER!!!
I saw this forming and nobody had been discussing it yet, so i thought id bring some light to it.
As Always, DYOR and Good Luck
BTG isn't necessarily a smart Long ATM.
I suggest continued TA, as BTG moves sideways between ~17-19 ranges as a considerable drop from Bitcoin (down to ~8.7k) could easily invalidate these charts at this point.
NOT AN EXPERT, DISCLAIMER!!!
I saw this forming and nobody had been discussing it yet, so i thought id bring some light to it.
As Always, DYOR and Good Luck
Comment:
If todays candle closes over ~17 dollars we will (most likely) see upward movement from there.
Comment:
If closed below ~17 dollar mark watch for deviation to the ~15 dollar mark if if 15 is hit refer to my other BTG Chart for continued analysis.
