Hi Traders, Investors and Speculators of Charts📈📉
Many of these projects might come as a shock and be disappointing.
As the markets evolved and crypto regulation has taken a more prominent stance; scammers have had to become smarter. The latest trend seems to be a rug pull and then just let the rest of the project's liquidity bleed out. In other words, remain...
Bitcoin Gold (BTGUSD) broke today above the Lower Highs trend-line that started after the Cycle's High on May 2021. That is a major bullish break-out and the last Bear Cycle Resistance standing in the way is the 1W MA200 (orange trend-line), which even though it broke in mid October 2022, the 1W candle failed (emphatically) to stay and close above it.
Secondary...
As stated many times, in & out. Get as much as you can and then WAIT, be PATIENT IF you want to hold longer. It could be a while before we get another good longer term buy opportunity.
As stated before, SCALPING quick moves.
Most of these were not huge moves BUT Put premiums did lessen & provided 10-25% in minutes.
$MSFT went from 249 - 252
$ZS 106 -...
Early this open
RSI looks ok & is oversold. Not buy much but it's been a good amount of selling
Took advantage of this dib & went on buying spree. As we've been saying for some time, IN & OUT, scalps & short term trades.
We've also been SELLING PUTS to help reduce risk by bringing premium in. If the premium subsides a good amount we cover.
Not looking for home...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin Cash BCH are:
BTG/USDT short
Entry Range: $147 - 153
Price Target 1: $138
Price Target 2: $119
Price Target...
Global descending channel with the formation of a symmetrical triangle. The triangle is formed as a continuation of the local uptrend, so there is some priority for the price to move up after a possible breakout.
B2Gold Corp with a lovely break over the neckline of this reverse Head & Shoulders pattern. Target out of the pattern should see it move to about $4.30 next.
BTG has seen a staggering 170% growth in the last 24 hours. The price of this currency, which was supported in the range of 15 to 15.8 dollars, hit the resistance range of 42.6 to 46.5 dollars with this sharp growth, and it had a very strong reaction. So that the price quickly went back all the way. But this movement can be a sign of the re-growth of the price of...
BTG has broken out of its larger falling wedge and entered a smaller falling wedge
Based on the breakout of the large falling wedge, I expect another breakout of the smaller falling wedge
This all contributes to an overall bullish reversal for price on BTGUSD
Enter trade LONG BTG. risk 1% calculate proper possition size!
Main trading pattern: Original fibonachi on 1d. (orange level go to orange target)
positive argument for enter.
+past support
+bull flah formation (price action)
+1d bullish candelstick formation
+CTB brake (counter trend line brake) orange line
For the past three months MA200 has been working as resistance for Bitcoin Gold (BTGBTC).
We can see multiple rejections at this level.
Today BTGBTC is growing above this resistance which makes it clear that soon we will see more.
We are mapping 70% for the next bullish jump.
Namaste.
BTGUSDT(#BitcoinGold) Daily timeframe range. a mid heavy asset with decent price action. it held its new low and #spring test from their which is a surprise compare to the retail interest it got. it got a bearable range space which makes option for range traders , dont need to pull our hair out for insane amount and percentage of wicks. which makes it a bit safer...
BINANCE:BTGUSDT
No clean entry yet, just some levels to keep an eye on.
General metrics are cooling off.
Fractured market, tiny depth amounts, volume is also not great, makes BTG a high risk.
BTGUSD has engaged in a descending scallop and they typically move like this
Price reaches a critical point in its descent and breaks out, this time it just happens to be at the .236 level
Hi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG)
On a monthly time frame, DCR has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
