IT'S UNSTOPPABLE? BGBThe weekly chart for BGB it's pretty incredible. Since it's creation in 2022, Bitget token has never stopped to grow. The price of BGB is always rising, and i think this trend will continue. I think the price will reach the main resistance of $1.7/1.8 this year. Looking at short term, price must break above the strong resistance at $1.4 before pushing higher, and i see a good accumulation zone at $1.1, where i hope the price to come back to add more. First support zone is $1.28, if this hold we have nothing that can stop the rise
BGB
BGB - Standing Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Despite many altcoins experiencing lower lows over the past couple of months, BGB has demonstrated resilience by maintaining support above 0.4.
📉 As BGB nears the lower boundary of the red channel, coinciding with the 0.4 support level, we will be on the lookout for short-term buying opportunities .
📈 To regain medium-term bullish momentum, it is essential for BGB to breach the channel's upper boundary and surpass the previous significant high marked in red, which is approximately at 0.45.
Which of these scenarios is more likely to occur first, and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$BGB - Bitget's flagship coin. This is Bitget's platform token. I've been looking at this chart for a few days and could clearly see the retrace wasn't over.
The volume started to pick back up again early 2023 to form an impulse. Where this is situated in the grand scheme of things, only time will tell, but this structure most certainly needs a wave 5. Unless this is nothing more than an ABC with higher than average volume. I believe a break below 0.238 would confirm the corrective conclusion.
Please notice the Shallow retrace of (2) on the chart. This is what allowed me to suspect a deeper correction in this wave (4) we are currently in. I'm expecting for us to test the 33 cent mark rather soon.
Safe Trades to all!
BGB - 100%+ Move!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BGB was stuck inside a range 0.17 and 0.22
As per my last video analysis (attached on the chart) we were looking for short-term buy setups inside the range.
🏹 BGB got even stronger and broke above the 0.22 resistance zone in green and kept moving higher for another 100% bullish movement.
Last week, we have rejected the 0.5 round number and now retesting the blue demand zone.
As per my trading style:
as BGB approaches the demand zone 0.35, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
how knows maybe the next bnb? (BGBUSDT) 💣🚀Hello 🐋
Based on the chart, and Fibonacci indicator and fib supports and many other fundamental sign we expect more gain ✔️
here
the price can shape the parallel channel and see more range market or explosive volume and huge gain 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside and ATH ✔️🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BGB - Video Update!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for BGB .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BGB - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for BGB.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitget - Wait For The Bulls! 📈Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
While many altcoins made lower lows the past couple of months, BGB stood strong above support.
on DAILY: Left Chart
BGB is stuck inside a range in the shape of a symmetrical triangle highlighted in red.
📈For the bulls to take over medium-term, we need a break above the upper red trendline, and then above the green resistance 0.225 for the bulls to take over from a long-term perspective.
Meanwhile, as we approach the lower red trendline and blue support, we will be looking for short-term buy setups.
on H1: Right Chart
BGB is bearish short-term trading inside the orange channel.
📈 🏹Trigger => for the bulls to take over, we need a break above the orange trendline and last major high in gray.
Meanwhile, until the buy is activated, BGB can still trade lower till the blue support and form a new major high before the bulls take over.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitget - Standing Strong 👌Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
While many altcoins made lower lows the past couple of months, BGB stood strong above support.
BGB is stuck inside a range in the shape of a symmetrical triangle highlighted in red.
For the bulls to take over medium-term , we need a break above the upper red trendline, and then above the green resistance 0.225 for the bulls to take over from a long-term perspective.
In parallel, for the bears to take over, we need a break below the blue support 0.17, in this case a movement till the next support would be expected.
Meanwhile, inside the symmetrical triangle range, we will be looking for short-term buy and sell setups respectively around the lower bound and upper bound.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Exchange Tokens: CEX vs DEX📈This 1-year chart compares tokens from centralized and decentralized exchanges (in the latter considering those that allow derivatives/futures trading, not just swaps).
BTC was placed as a benchmark.
🥇The GMX token appreciated the most, especially after distrust of the ability of centralized exchanges to honor customer withdrawals.
🥈In second place is the Bitget token.
🥉And in third place is the Gains Network token.
👎The negative highlight goes to Binance's BNB.