Long
Updated

BTG falling wedge getting tired?

371
Hi!

BTG is looking to exit its _lifetime_ falling wedge, good time to take a position.

Not to compare BTG with BCH as projects, still after the fork, BCH had fallen for something close to forever when it bounced to incredible ATH.

- Bitcoin will take everything with it if it keeps falling.


Position @ 0034

SL @ 0032

Targets:
0050
0060
0070
0080

(Still not advise, just my take on btg!)

All the best!! -B
Note
Hidden bullish divergence and overlay.

snapshot
Note
And there it goes:

snapshot
Note
SL was actually too high, re entry on break out @ 32, and SL under 28.
Note
snapshot
Note
Hitting extreme lows... Gradual re entry could be of interest!


snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.