Coinpedia-Market-Insight

BTGUSDT Buy opportunity

BINANCE:BTGUSDT   None
* Bitcoin gold forms a double bottom pattern which is a trend reversal pattern appears in bearish trend, between it's supply zone and and major resistance.
* The previous demand zone is acting as the supply zone for the price.
* The 50 Moving average is now working as a support below the price.
* If the price breaks the supply zone with a good volume we expect a new bullish trend for the Bitcoin gold.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.