Bitcoin Gold (BTGBTC) just broke a very strong descending trendline and prices are now trading above EMA200. A strong close today (daily candle) can lead to massive growth. Prices for BTGBTC have been trading above MA200 since the 1st of March. This signal tells us that the bear market is over for this pair and that the bulls are the ones in control. If...
BTG/BTC -Must break trendline resistance at 1160 sats -Must hold above 50D MA -New support is being established at 1060 sats -Upside target is up to 1700 sats -Stoploss below 1059 sats
Looking at the 4H chart for BTG/BTC, BTG has been making some bullish moves that should not be ignored. We can see that BTG broke out of its falling wedge and is currently testing the top of its descending channel.The price action has set up a nearly complete inverse head and shoulders pattern. We have had several pops above the trend only to be pushed back down...
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Bitcoin Gold (BTGBTC) is preparing for a second-round printing massive bullish action. We can see clearly and strong bullish action on low bull volume... Telling us that there is much more to come (when the big volume bars are printed/massive growth). I believe Bitcoin Gold will continue to grow. Prices are trading above EMA10, EMA50, and MA200 and the MACD is...
Falling wedge, included possible pathing within the wedge however this is hard to decipher so i just used a double curved line! TP is $50! IF you check out my last post I explain how ERC-20 tokens have much greater scalbility and will provide much greater returns. But if you are a bitcoin fan, this is for fun!
BTG made breakout, i think it has entered the accumulation process.. Break a leg!
Entering here. Lots of potential on this trade. It may bounce between the triangle, but if it breaks out the price could fly!
Bitcoin Gold has formed a descending scallop against the bitcoin pair. Descending scallops have been surprisingly successful in the cryptocurrency market, possible due to the large abundance of the pattern. This is a bullish reversal pattern. Blue box indicates buy zone on EMA line.
All description on the chart. Please, don't forget to like and follow. Thank you.
All description on the chart. Please, don't forget to like and follow. Thank you.
Currently sitting near the bottom of the regression trend, a bullish break for this cryptocurrency would be massive, and a 50 PT is appropriate. Included fib extensions for reference, and also a EMA level for a possible breakdown. 0.82 regression uptrend.
BTG/BTC BTG short-term must be over as the price broke the trend-line resistance, if this candle closes bullish there is a chance it will move upward up to 1600 - 1800 sats regions before it will decide to continue higher or come down retest previous swing low.
The 1 hour 100 MA coincides with the 0.786 fib which if holds support would complete a bullish gartley pattern I AM NOT A FINANCIAL ADVISOR, DYOR!