Long
BTG Technical Analysis 02/01/2018
After a Large declining pattern in bitcoin gold price from the $300 high against the doller. The price traded below the $280 and $250 support levels and moved closer to the $200 handle. A low was formed at $207 from where the price started an upside recovery. There is a triangle pattern on 1H Chart however 4H chart looks absolutely smooth, that is showing BTG will be starting a rally soon. 250-260$ resistance is a major hurdle for buyers. On the positive side, the price is currently above $240 and the 100 SMA. We have comparitively two major support & resistance comparitively at 230 & 260$. BTG market future looks so bullish, that is a key fact.
To Get hands on Analysis from Top Analyst Join Us at Telegram: T.me/CryptoAdvisers
To Get hands on Analysis from Top Analyst Join Us at Telegram: T.me/CryptoAdvisers
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.