for a long time BTG is searching for a bottom from which it can start a good long. At the price of $ 17, two trend lines: global support and the current down channel are converging. Targets: 1) 30 - 35$ 2) 40 - 45$ 3) 70 - 80$
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BTG is in the blue triangle now. For growth we need to break through the triangle and the price zone is 31.3-33.3 $. only after that i can safely enter the long. So far, this has not happened - I'll wait $ 17 for BTG.
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BTG has chosen its way. I'm waiting 23 $
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BTG may go below. I watch him
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Sellers could not break through the price zone 23-23.5. If buyers will break 25.7 - consolidation will continue and the next stop 28.5.
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Buyers could not keep level 25.7. But sellers were able to break through an important price zone of 22.8-23.5 $. Now this volume is being formed under this zone (21.4-22.3). If buyers can not get back 22.8-23.5 $, then the fall will continue.
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BTG continues to move in the wedge. while buyers do not try the upper trend line - it is not worth buying BTG. Probably the bay zone is $ 14-17.
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