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...
After massive attacks on alts market, they'are gaining their value slowly. BTG has got a quick recovery to make their miners happy. With respect to R/R value, buying on the purple box and considering the red line as a stop makes a sensible trade.
(I dont like this asset, scammy reputation... )
Symmetrical triangle in play
Breaking above EMA50/100
MACD about to bullcross
UCTS buy signal active (9% up from that candle already)
RSI rising (close to oversold levels..)
Volume seems low for now..
$BTG is showing bullish divergence on daily chart.
It's been in accumulation for a while and ready to start new cycle.
It's one of the few alts in top 50 with that high PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
$BTG (requested) Looking like an ascending triangle will push the price higher if cross EMA100(red). UCTS showing a buy signal, MACD looking bullish, RSI really close to overbought levels... Volume MIA, in order for this to be a succesful breakout, volume is needed.. #BTG
#Classic Analysis: price is in historical supportive zone
#Elliot wave: price in intermediate (3) wave of primary ((3)) wave
#Indicators: K & T cross in Ichimoku
*Entry: after trigger zone’s breakout and pullback in H4 time frame then get a good trigger
*Stop loss= 0.003090-0.003110
*Take profit 1=...