Long
Bitcoin Gold Long. 05-05-18
Updated
Bitcoin Gold is still in buy range for a long play. I bought this last week, could of got a better entry if I had of waited but I thought it was going to go when I bought. I think under 0.0080 is a good entry for this. It should see at least 0.013 for good gains. If you have a bitfinex account you can play this on margin. IE. Buy some and play long with 50% to compound the gains.
I remember having some of this last year when I didn't really know what I was doing. I remember it hitting around $450 and not being wise enough to sell it. Not going to make that mistake again. Barring anything crazy happening with bitcoin, I think BTG should start to out preform it. Playing this against BTC to make more BTC.
Enter under 0.0080
Stoploss 0.0073
Target 0.013 +
Everything looks good with this, all we need is a little patience and let the price move up.
Zoomed out view
BTG vs USD
I remember having some of this last year when I didn't really know what I was doing. I remember it hitting around $450 and not being wise enough to sell it. Not going to make that mistake again. Barring anything crazy happening with bitcoin, I think BTG should start to out preform it. Playing this against BTC to make more BTC.
Enter under 0.0080
Stoploss 0.0073
Target 0.013 +
Everything looks good with this, all we need is a little patience and let the price move up.
Zoomed out view
BTG vs USD
Note
This trade failed. I stopped out at a loss. It does not seem time for a new cycle yet. This is what I think will happen.
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