Bitcoin Gold (BTGBTC) is now massively oversold. The RSI is sitting at 27.91 (lowest ever) on the weekly time frame. Remember we consider below 30 to be oversold on the weekly. Below 20-25 is oversold on the daily time frame.
Here is the weekly chart:
Over 11,400% potential profits to All-Time High (very unlikely to be...
Fundamentally speaking in the long run, BTC like gold and other assets treated as risk-haven now will continue to increase in value if market continues to be risk-off esp with trade "talks" going nowhere and "rumored" recession coming within 2-3 years. But technical-wise, there's highly probable reversal soon at least in the short-run (within this month only) like...
DISCLAIMER :- This is not a financial advice.
Buy BTGETH right now,
Place stop loss at 0.102981
and take profit at 0.122411
or at whichever price you like. :)
Remember, always risk 1% of your capital.
If you have any questions/doubts, feel free to comment below.
Happy Trading. :)
BTC following the Gold pattern, but it actually makes sense.
1. Test of the mean.
2. The retest to see if it can hold the mean.
3. Price stalls before it gets too bearish, participants weary of a bear market.
4. The test of the mean from below, which holds, followed by the tests of the upper bands to push the market into a bullish sentiment. It's looking...
Hello Traders, BTG/USD Bitcoin Gold 32.210 / 31.425 vs 26.134 / 25.510
Possible Running Flat Completed ( Blue )
But we need ( Yellow ) Continuation / Consolidation / Correction / Buy Setup Breaking 32.210 / 31.425 To Confirm.
Second scenario we get another down move ( Red ) Retesting Previous Low's
26.134 / 25.510 / 24.255.
Comparing Bitcoin to Gold?? That can't give you any meaningful trade indication can it?
Well first of all look at the perfect buy signal it gave back in December, which I posted in February, on that +33.50% bounce from the low. Right when everyone was wondering where the bottom was, "Should I buy?", "Is this going to $1000?", "Buying on a bear market, that's...
Bitcoin Gold (BTGBTC) is moving just as we expected and is already generating good profits for all of us.
Breaking above EMA10, it is printing the highest volume bar since April 2018; so the biggest volume in an entire year. We are expecting additional bullish action from this altcoin. You can see the trade I shared here for additional targets (enjoy the...
An easy chart to read above... How are you doing today?
Let's get started with this quick analysis:
BTGBTC Drew a double bottom pattern, blue circles. This is a strong bullish pattern.
Bullish MACD and RSI.
Trading above EMA100 after a high volume breakout.
Plenty of room available for growth.
I am sharing our trade here as well... I hope you enjoy...
The price did a test rally and looks poised to run up again.
The Pivot Stack is in place as support.
Go long a break above the recent swing high at 14.470 and place a stop loss at 11.610 with a profit target at 18.400