Similar as the linked related chart, but with an adjusted E wave projection. It looks like this aligns with the Dec 17 CME futures launch.
The price is going to bounce from the uptrend line and breaks the downtrend line. Probably we'll see further downward movement 240.00-255.00 levels. If the price breaks the 1st Resistance level, probably we'll see upward movement to 318.00 level. If the market drops below 240.00 support level, the next reversal zone will be at ~210.00 level. Profit targets are...
PreviousLy I posted a BTG consolidation thread, that idea is still relevant but is very short term. Overall, here is my master thread where we are looking for a huge impulse wave to the upside. There are two approaches here. Either look for a bottom buy at $276.47 or fetch the breakout at $477.59. Take some time to familiarize with my trading approach:...
Wow my first analysis so excited. BTG holding it self in First support in its a good area for accumulation. Please manage your risk before getting into trades. After expected breakout is done you have 4 TP areas feel free to take your profit in every areas. StopLoss is If it breaks its support line. Profit/Loss : %374/%30
Bitcoingold has been on a downward slope over the past weeks despite it's relative, Bitcoin, moving parabolically. I do expect the coin to have its time and I think we are approaching closer to it going through the roof. There is a very high chance the price will go much higher than it currently is now. Orange - Resistance. Pink - Support. As always...
-You can buy now or wait after price break out (around 315 $)
After performing a corrective bullish run from $150ish to $420, I'm looking for $BTG to consolidate and regroup. The data is razor thin since we've only been trading for a month, but here are some levels to watch. If we break the downtrend channel to the upside we will evaluate how to get long.
Its holding nicely the 0.027-0.028 level, testing previous support level. If BTC corrects, it could be the trigger to a breakout
Signal long #BITTREX Coin BTG Buy zone 0.0285 - 0.0289 Sell Target 1 = 0.03154657 (10%) Target 2 = 0.03439652 (20%) Target 3 = 0.04002737 (40%) Enjoy
BITFINEX:BTGBTC Completed a perfected TD Buy Countdown above support. Looks ready to roll. I'd start some positions at these levels. $BTG
Swinging in the uptrend channel. MACD crossed to downwards. Now SHORT to thrend line dip until MACD crosses upwards. Then LONG. This is not a financial advice. Trade at your own risk.
The support line is being approached and the symmetrical triangle is forming. I will wait for an RSI confirmation - reaching the overbought level to sell short.
$338 has mild support could be a good entry point. It's only bounced off the 0.618 level a couple times meaning mild testing. Watch btg closely, could reach ATHs ny the end of the week
Follow up to a previous post... Outlined these trendlines earlier and suggested the price was moving to the upper trendline. This trendline is now bit of a resistance level. I'm not selling right now, a break through this trendline will be exciting. No price target atm, not appropriate to draw fib retracements right now.