Updated
BTG to recover?
BTG just got out of a descending triangle, however, we did not see the needed breakout yet.
Now, it is still testing the support area and is in another triangle, the current price is more than 91% dropped comparing to the ATH. I expect it will bounce back from this support area (lower yellow box).
MACD also shows the divergence.
Buy: 42 - 30
Take profit:
TP1: 81.3
TP2: 109.3
TP3: 136.8
Stoploss under 27
*Just my thought, mind your own trade*
Now, it is still testing the support area and is in another triangle, the current price is more than 91% dropped comparing to the ATH. I expect it will bounce back from this support area (lower yellow box).
MACD also shows the divergence.
Buy: 42 - 30
Take profit:
TP1: 81.3
TP2: 109.3
TP3: 136.8
Stoploss under 27
*Just my thought, mind your own trade*
Note
Good things coming, EMA 50 crosses above EMA 100 on 4H chart.Heading to our 1st TP with nearly 100% profit ^^
Trade closed: target reached
TP 1 reached. 100% profitHeading to TP 2
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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.