BTGUSD
Bitcoin Gold Setting Up Bullish MoveThe price did a test rally and looks poised to run up again.
The Pivot Stack is in place as support.
Go long a break above the recent swing high at 14.470 and place a stop loss at 11.610 with a profit target at 18.400
BTG Has Bottomed?? Bullish Three-Drive Pattern!!1. As we can see, BTG has drawn 3 bullish drive patterns.
2. The first resistance target is around $ 17
3. Be careful if the price drops below $ 12, it'll potentially change to a downtrend on the daily chart.
Good Luck :)
Bitcoin Gold ($BTG) - up to 1447% PPT! Long term trade.$BTG is showing bullish divergence on daily chart.
It's been in accumulation for a while and ready to start new cycle.
It's one of the few alts in top 50 with that high PPT.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
~ 47% ProfitHi Dears,
Wait until the purchase reaches
Buy the BTG at around 10.8
But remember that nothing in this world is 100%
Good Luck
BTG Market ReviewBTG correction is coming to an end
One more wave 5 of C and should start the impulse up
Bitcoin Gold Long Position 28% !!Bitcoin Gold Correction Cames on the Fib Level 0.618 Level then we will do Long Position as well as Given Below-
Buy- 0.004300
Sell- 0.004700 , 0.005500
Stop Loss- 0.003700
Let See , What Will be Next Move.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
BTG Bitcoin GoldOn this chart we see all trade history BTG/USD on Bitfinex. After huge falling movement Bitcoin_Gold is in big flat zone from June 2018. This flat looks like accumulation of positions. We saw double volume squeeze On September, bigger then avarage Volume indicator, but without price changes.
Then we need to look on BTG/USD Long positions amount:
There we see the strong accumulation of Long positions on Bitfinex from 17 August. What is it? Why Long positions did not decrease even where all crypto market was under stresses? Maybe it is the next manipulation by Bitfinex as ETP?
There are many questions which I haven't answer but one thing I know - BTG expects some movement, strong movement..
So, I am considering BTGUSD as good Long position for long-term. It is a risky deal but we may see a huge pump!
Pay attention for this coin, guys and do not forget about risk management.
BTGUSDBTG/USD
Judging by the number of accumulated BTGUSDLONGS
Expect a local uptrend with the goal of fib 61.8
Indicators on the buyers side
BTG switching to bearish bias?BTGUSD has slipped below trendline support and has so far failed again on the retest (as per Bitfinex levels.) The 20-day EMA which has been acting as support now looks to be turning to resistance. The key inflection point to watch is 27 – above that level bias should be bullish, below it remains bearish.
When priced in BTC we have a symmetrical triangle which may trigger the next move.
Bitcoin Gold analysis: Resumption of bullish trendThe logarithmic scale of Bitcoin Gold is shown in this analysis on the Daily tf. ~8 months old downtrend (January 14, 2018 to August 24, 2018) in Bitcoin Gold is indicated using the bearish trendline.
Bitcoin Gold successfully broke out above the trendline on August 27, 2018, which implies possible trend change, with demand overwhelming supply.
Initial bullish momentum ran out with price returning to successfully test the bearish trendline on September 6, 2018, to be followed by a bullish price swing to ~$28.39.
Resistance on the Daily tf chart is marked between $35.87 and $30.93, with entry into long positions on a breakout above $35.87 considered conservative. Earlier entries would seek to buy prior to a breakout above $35.87.
Price closing below ~$13.37 is the point of invalidation (POI); this would indicate resumption of the already established downtrend.
There is a possibility for the beginning of an uptrend in BTGUSDTechnical analysis:
. BitcoinGold/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (27.00 to 22.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (27.00)
Ending of entry zone (22.00)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 39.00
TP2= @ 47.00
TP3= @ 56.00
TP4= @ 68.00
TP5= @ 84.00
TP6= @ 109.28
TP7= @ 146.00
TP8= @ 168.79
TP9= @ 216.75
TP10= @ 264.75
TP11= @ 333.27
TP12= @ 420.31
TP13= Free
There is a possibility for the beginning of an uptrend in BTGUSDTechnical analysis:
. BitcoinGold/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (27.00 to 22.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (27.00)
Ending of entry zone (22.00)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 39.00
TP2= @ 47.00
TP3= @ 56.00
TP4= @ 68.00
TP5= @ 84.00
TP6= @ 109.28
TP7= @ 146.00
TP8= @ 168.79
TP9= @ 216.75
TP10= @ 264.75
TP11= @ 333.27
TP12= @ 420.31
TP13= Free
BITCOIN GOLD: Another manipulation from Bitfinex?BTGUSD
Why so many longs? Does this mean there will be a pump? Or is it just a blushing of the eyes, perhaps a bug from Bitfinex. Something is wrong here. Find out in the course of events. Pay attention. Risky altcoin.
By TA:
Have accumulation proccess in the triangle.
Enormous acomodation the longs by Bitfinex from 17 August.
Health volume.
BTG/USD; 2H; Bitfinex; 24.10. by @SupernovaEliteFormed rising traingle pattern,
there is volume on all rising impulses
inside the traingle. Need breakout
of R-resist. for confirmation,
good time for start of accumulating.
Do not forget about risk management!
BTGUSD/BTGBTC Trading SetupBTG in both USD and BTC market forming the asymmetric triangle pattern.
BTG bullish trend line had been supported for Five times on both BTC and USD market.
This could be a great time to bet for taking profit.
Also, there was an accumulated moment on BTG.
Trading Setup
Green - EP
SkyBlue - TP
Red - SL