BTGUSD has engaged in a descending scallop and they typically move like this Price reaches a critical point in its descent and breaks out, this time it just happens to be at the .236 level
I have developed on my last post for BTGUSD Using these curved trendlines we can justify a support from a prior resistance (middle curved line) After this point is reached expect a massive breakout of this big structure (both a falling wedge and symmetrical triangle at the same time) The white line is an assumption of where this indicator will go once the breakout...
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
As we said before in a previous signal BTG to 3 digits soon ... just after 2 days it jumped the triple from $30 to reach $110 !! ( link below this post in the related ideas area) congrats for the ones that bought on the signal 💰🤑 to whom are interested to get it in the coin, we can see that $1000 is still our first long term target within 2021, you still...
as we can see bitcoin gold is respecting the channel well as per the chart. fundamentally bitcoin gold is a trusted investment for long term as it is completely undervalued technically, we can see that the price was accumulating since 2018 and made a ATH for $814 so in this bull run we can see a new ATH easily within 2021 or 2022 ... patience is the key buy...
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.
Broadening wedge and descending scallop looking for a bullish reversal
In less than 12h frame indicators points strong reversal signals short term long position would not be bad at current level
Bitcoin gold idea I believe the rounded top formed on the BTC pair is a fake and will break-out
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!
BTGUSD has just recently had a bullish cross of the 50EMA and 100MA Moving Averages which historically is an excellent long-term bullish or bearish trend signal. BTGUSD has already formed a bottom and had a strong movement upwards on Jan 15th. After this retrace and minor correction there is a possibility that BTGUSD is on its way to test the strong resistance at...
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.
Just wanted to share an observation. Possible BTGUSD Inverse Heads and Shoulders bullish pattern forming on the daily chart. This alone does not carry much weight however, if you look at the ETHUSD chart (refer to link below), the 50EMA is close to crossing the 100MA. Historically the crossing if these lines on the daily chart signals a possible long-term...
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 has formed a symmetrical bowl, the bullish wave is quite sharp.
Bitcoin gold looking to repeat a bullish reversal move in a downtrend, dual hang man wicks can be observed.
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market