Long
Bitcoin Gold Long. 05-05-18
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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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.