Bitcoin Gold (BTGBTC) is now massively oversold. The RSI is sitting at 27.91 (lowest ever) on the weekly time frame. Remember we consider below 30 to be oversold on the weekly. Below 20-25 is oversold on the daily time frame.
Here is the weekly chart:
Over 11,400% potential profits to All-Time High (very unlikely to be...
Priceline of Bitcoin Gold / Bictoin has formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.000861 to 0.000808
Sell between: 0.000900 to 0.000997
Atif Akbar (moon333)
Good day traders
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We got a LONG signal on BTGBTC
Trade Risk: Medium
EMAs : Above price acting as resistance
BuyZone, Possible targets and Stop loss are indicated on the chart
Check out how to use my trade signals...
i dont like btg but i think if btg has very important point=0.0016 btc
case 1( green way ) : if btg can break and hold 0.0016 btc then btg will go to 0.001810 and at very power buy target =0.002798
case 2(red way ) = if btg cant break 0.0015 btc then best point to buy =0.00023 btc
Bitcoin Gold has shown the biggest price decline out from the top 50 coins. Its rate has decreased by around 10% over the last day.
On the 1H chart, BTG is facing a downtrend, and the coin has lost 10% of its price once Head and Shoulders pattern is formed. Although today’s price decline is a dump, Bitcoin Gold is not likely to recover fast. The RSI indicator...
Markets move in a simple cycle. Accumulation, (pre-uptrend consolidation), advancing, (uptrend), distribution (consolidation at the top of the uptrend), and declining (downtrend). Currently, BTGBTC has completed this cycle once, (unlike many other alts which seem to be continuing a downtrend), and is seeming to show strong signs of accumulation,...