BitcoinGold Swing IdeaWait for Bitcoin Gold to Test the down Channel and Break of the Downtrend Line before an entry on Breakout.
Bitcoingold
BTG bullish trend continuation ?I like how the bulls are defending that lower cloud and not letting the price go down
We also have a bullish divergence and increase in momentum in RSI even when the price stays even which is really bullish and usually one of the first signs of Bull trend
I will wait for this candle to close to see if we still stay within the cloud
BTG-BTC - Retest and explosion?Hello traders! Today i want to show you BTG , in 2h timeframe it broke a triangle , price above EMA 100 and 200 so now i'm waiting for a retest of the previous highs zone and then will start a bullish movement in my opinion. A stop loss below the lows with a TP1 into the previous highs zone around 0.01. Don't take that as a financial advice . Have a nice day !
There is possibility for the beginning of uptrend in BTGBTCTechnical analysis:
BITCOINGOLD/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 54.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0076 to 0.0055), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0076)
Ending of entry zone (0.0055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0124
TP2= @ 0.0150
TP3= @ 0.0180
TP4= @ 0.0230
TP5= @ 0.0260
TP6= @ 0.048
TP7= Free
There is possibility for the beginning of uptrend in BTGBTCTechnical analysis:
BITCOINGOLD/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 54.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0076 to 0.0055), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0076)
Ending of entry zone (0.0055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0124
TP2= @ 0.0150
TP3= @ 0.0180
TP4= @ 0.0230
TP5= @ 0.0260
TP6= @ 0.048
TP7= Free
BTG-BTCBitcoin Gold is bottomed.
BTG have good potential to Rise above the moon.
Risk=Reward
Thank You
Bitcoin Gold UpdateBTG is currently accumulating, but it's also following down a major trend line that used to be support. Breaking this line would indicate bullish behavior and possibly send it to complete its fifth Elliot wave.
Bitcoin Gold looking to enter upper-channelWhat was once support for BTG is now acting as resistance. It's looking to either break it, or it could fall back into the lower channel.
BITCOIN GOLD WITH 275% PROFIT POTENTIAL - MThis is medium risk trade with a good profit potential.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BITCOIN GOLD FALLING WEDGE ?Bitcoin Gold has been following the market trend for the last days and is on retracement from its breakout. So it came to my notice that Bitcoin Gold might be forming a falling wedge reversal pattern which if it follows we should be seeing it bouncing back from the area of support 1 and breakout of the descending triangle after which we should see a breakout to resistance 2 after which we might see a retracement back to resistance 1. If it follows this trend, then this breakout may be the wave 1 of the next 5 Elliot Waves.
Bitcoin Gold fifth waveIf BTG isn't taken down any less from this market retracement, I believe it'll complete its fifth Elliot wave.
The "Pro" title in my name means nothing. DYOR
Bitcoin gold long setupCrypto market coming back for either a small pump or continuation of bull market. BTG has a very interesting setup;
- After long consolidation, selling could not sustain creating a falling wedge. Price moved out of the wedge to the upside, but is still consolidating, creating a good risk to reward oppertunity. Some large buying volume started coming in, so we could see it reach 50% to 100% of the wedge beginning of the wedge. Risk reward ratio is 1:6.
- Stop loss: lower low.
- Target = 50% & 100% of wedge (see chart)
$BTG 04.28..2018You can also draw a harmonic pattern in this chart imo but there is already enough visualisation in the chart. Adam N Eve double bottom. Bollinger Bands squeezed.
Bitcoin GoldHello folks , want to share my trade idea for BITFINEX:BTGUSD
My trade active when the price hits buy zone, and my stop loss at $53. TP until wave (v)
It all depends on BITFINEX:BTCUSD
if BTC behave then BTG will play elliot wave theory.
Feel free if you has another opinion in comment section :)
GL :)
Inverse Head and Shoulders BTGBitcoin Gold is showing a bullish inverse head and shoulders on the 1 hour. This could be the catalyst for its fifth wave. However, because it's a lower time-frame, it's not as strong. However, still a possibility.
BitCoinGold needs to go to 115 to become in uptrend. Than BUY!I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BITCOIN GOLD: BULL RUN 39.26% PROFIT !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 15th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 39.26% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. March 15: Increasing adoption using BTGPay program. this consists of:
-BTGPay Partner program will help merchants find payment service partners to easily and seamlessly integrate BTG and other crypto payment systems into their existing eCommerce or global payment solutions
-BTGPay logo and branding program will help merchants easily signal they accept BTG, and help consumers quickly spot those merchants.
2. April 19: Abra app has added BTG to their platform, this allows users to to invest in crypto via bank accounts or American Express.
3. April 20: Addition of Bitcoin Gold to the EXMO exchange
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
BITCOIN GOLD, ELLIOT WAVE, PERFECTO!!Three rules of Elliot Wave:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
The five wave graph of Bitcoin Gold, obeys the rules of Elliot Wave theory by bouncing back form the upward trend line.
Therefore, our targets for this trade are:
1. 0.008787 BTC
2. 0.010535 BTC
3. 0.0116 BTC
Buy-in price: 0.0078-0.0082 BTC
Stop-loss: 0.0070 BTC
Ashanti!
