Hello 👋 According to sma50 and 200 ,i believe the price will touch the descending Trend line simultaneously with sma 200 then going to pullback ,after that u should be patient for a big move and in weekly high descending trend line it’s going to rest for a while
BTG had a bullish pennant breakout early this morning, but retraced back into it. I think this might be a second chance to buy in before the price takes off. The price is bouncing of the green support level. If you want to play it safe, buy the breakout.
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...
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!