Is this gun for hire? What will spark BTG, and will it be soon? Time is the answer. Sooner rather than later we hope.
Here is a 1-2-3 Pattern Perhaps
Here is what could be in store for BItcoin Gold in January 2018. Look for price to cross the first trend line possibly by early January. If it happens, price could gravitate towards the higher trend line a few weeks later. Let’s see how this plays out.
BTG aka bitcoin gold has a bad reputation, being the second fork after bitcoin cash. The project is young, and does not have the backup of Roger Ver or any big tenor, but it's recent release of it's whitepaper (about time!) makes me think we could see some serious upside TA wise, the chart speaks for itself. Risk is low as we are on the bottom of the uptrend....
BITFINEX:BTGUSD Time frame 60 minut ( 1 H ) Entry :262.5 Stop-loss : 240.00 Profit : 288.850 Profit 2 : 316.00
I´ve shown a graphic pattern which I can imagine to occur - if BTC won´t crash at new in the next few days. (what is likely to happen at all) But as we could recognize BTG is not correlated to BTC 1 : 1 - so there is a little independence of the bigger brother. other indicators (4h-candles) neutral to negative: MACD:< 0 but triggered and climbing RSI: <...
BTGUSD Last comment was 6 days ago, back in the mists of time now. In the ensuing 6 days BTG has knocked out some patterns other 'stocks' take 6 months to achieve. Cryptoland is another planet, a whole 'nother world. We were buying this at 212 6 days ago and locking in last profits at 250ish before the decline gathered momentum, only because the chart told us...
The price breakout for Bitcoin Gold is most likely a long with some returns. It is medium to high risk but still very investible until 3rd quarter 2018. While it isn't as investible as $BTC as a short or conservative as long, the potential is higher given more demand breakout. Also the resistance level has potential for a long run maximized trade strategy...
In my last analysis I´ve seen one or two "Cup with handles" - but I was wrong. The crash in bitcoin has forced the price of BTG down and all trend lines have been broken. This is and remains the main risk for the next time! IF BTC won´t fall on deeper prices and IF it stabilizes then I see some good chances for BTG. first aim: fib retracement at 61.8%...
Hello, Merry christmas and i want to share my ideal about BTG. Thanks
The next (already third) attempt of BTGUSD to grow beyond $ 400 has suffered a fiasco. Previous down movements stopped by buyers at the turn of $ 200 The slow moving average on the chart is almost horizontal throughout December. There are all signs of a flat trend. Trading in a flat trend is very simple: buy from the lower border and sell at the top one. The only...
BTGUSD Full Rinse Out Ready to go again Back in the buy zone ahead of weekend- it's been to the lows at 193 where it was an outstanding buy and may present another opportunity either from lower down again towards 193 or alternatively once 212 has been regained and holds for a few minutes. The 191 level must hold up today to avoid further significant...
HI, this is the update of my previous post. The break-out happened and the best buy-opportunity was at the pullback (my buy was at $298). POSITION: LONG STOPLOSS (UPDATED): $285 TARGET (UPDATED): $740 Happy trading!
If one believes in cycles, does one believe this is a cycle. I'm up in the air on this one.
BTGUSD Still running within the same sets of rising parallels, BTG took 10 days to more than double from its lows. A laggard. It's still unwinding, making a similar continuation pattern to the one that has just preceeded it...it may try to rally one more time to 348/9 but once 321 gives way it should fall to 299-289 range, worth shorting. Whilst trapped within...