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...
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
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/BTC BTG short-term must be over as the price broke the trend-line resistance, if this candle closes bullish there is a chance it will move upward up to 1600 - 1800 sats regions before it will decide to continue higher or come down retest previous swing low.
Bitcoin gold looking to repeat a bullish reversal move in a downtrend, dual hang man wicks can be observed.
I am happy to continue recommending that you ADD TO YOUR BTG 3.15% POSITION, and if you haven't bought it, BUY IT. Here are a few reasons why: PRICE: a) BTG 3.15% price is at the bottom, literally. The same bottom when the coin was just started. Don't blame BTG 3.15% for this as EVERYTHING IS DOWN. This is a good time to buy it because there is no one selling...
The symmetrical triangle apex meets at exactly 12pm NYE. Will BTG Party Like it's 1999? Or will it be more of the same Purple Rain?
Being only 2 months old on Xmas Day, I think BTG is a little shy, Or is it a party animal that only celebrates in the new year???? When will we see the glimmer and lustre of GOLD??? Or is this fools Gold? I remember when BCH was only worth $270 and people called it Bitcoin Trash, some still do but my bank account calls it Cash
Look @ chart, downtrend for weeks, breaking out, huge upside
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
If one believes in cycles, does one believe this is a cycle. I'm up in the air on this one.