Bitcoin Gold, a fork on Bitcoin, is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. BTG has had a stellar outbreak to the upside, passing the 162.8% fib extension level, and then the 261.8% level. It's made new high three times in a row, with the latest high around 115.35. If price can push above around 107.34 then this...
Using fib circles we can see the breakout within 2.618
This may continue as the price has just entered this Fibonacci circle ring
If my 'Fibonacci waves' piece of theory is correct then a bull wave is the result within 2.618
Fib waves attached
Imo BTG is extremely undervalued for something...
Hope u got it ! Bitcoin and Gold have a very closely similar chart for now, Like BTC was correlated few weeks ago to S&P500, during the Pandemic Crash.
The Next incoming economic crash with Covid Phase 2 returns will be very interesting... we will know wich safe haven peoples will decide to invest in.
Follow Bitcoin + Gold to get a clear View...
Various chart patterns have formed on the BTG/USD chart, including a symmetrical triangle that holds a falling wedge within it, VERY bullish. An Eve and Adam pattern (opposite of adam and eve) Eve bottoms appear rounded while Adams appear straight and sharp (I like to think of Adam and Eves private parts in the Bible to remember) This again is very bullish. A...
BTGUSD has just recently had a bullish cross of the 50EMA and 100MA Moving Averages which historically is an excellent long-term bullish or bearish trend signal.
BTGUSD has already formed a bottom and had a strong movement upwards on Jan 15th. After this retrace and minor correction there is a possibility that BTGUSD is on its way to test the strong resistance at...
Possible fractals of GOLD in relation to Bitcoin. GOLD pumped even before the incident in Iraq between Iran and U.S but considered to be a safe haven asset pushed it further as investors are still holding. Remember that GOLD and BTC has numerous fractals showing with relation to the use of each asset/security. Bullish divergence present at MACD's histogram
Bitcoin Gold Correction Cames on the Fib Level 0.618 Level then we will do Long Position as well as Given Below-
Sell- 0.004700 , 0.005500
Stop Loss- 0.003700
Let See , What Will be Next Move.
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Warning- I m Not a Financial Advisor this idea Only For...
On this chart we see all trade history BTG/USD on Bitfinex. After huge falling movement Bitcoin_Gold is in big flat zone from June 2018. This flat looks like accumulation of positions. We saw double volume squeeze On September, bigger then avarage Volume indicator, but without price changes.
Then we need to look on BTG/USD Long positions...