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Bitcoingold

BTGUSD Bullish Cross 50EMA 100MA Long-term Uptrend SignalBTGUSD has just recently had a bullish cross of the 50EMA and 100MA Moving Averages which historically is an excellent long-term bullish or bearish trend signal. BTGUSD has already formed a bottom and had a strong movement upwards on Jan 15th. After this retrace and minor correction there is a possibility that BTGUSD is on its way to test the strong resistance at around $32-$33. This will be the third test and if this resistance is broken $80+ is on the cards. Afterwhich I believe there will be a consolidation period before further upwards moves into the $145-$147 region. First things first, lets see if BTG is able to break the stubborn $32-$33 resistance the third time round. BTG is a fork of BTC which aims to co-exist and it offers decentralised mining to the everyday people. There is no need for the expensive mining systems with this coin. A gaming graphics card will do just fine. It also offers many benefits and amongst all the bitcoin forks it also offers the cheapest transaction fees and has a very strong community too. It is also an excellent hedge against the possibility and threat of centralised mining of bitcoin by self-interest miners. Is this happening now? No, but it is always a possibility. There are articles out there that have been warning of this. At the moment, there is no real danger and furthermore it is my believe that the existence of BTG dissuades this kind of action. These are just my thoughts. Before you decide to invest please read all about Bitcoin Gold . You can also visit Bitcoin Gold Telegram Channel and chat with the friendly admins and community there. This is not trading or financial advice. Please do your own research.
BLong
by mdyassink
6
BTGUSD Inverse Heads & Shoulders Pattern Forming on DailyJust wanted to share an observation. Possible BTGUSD Inverse Heads and Shoulders bullish pattern forming on the daily chart. This alone does not carry much weight however, if you look at the ETHUSD chart (refer to link below), the 50EMA is close to crossing the 100MA. Historically the crossing if these lines on the daily chart signals a possible long-term uptrend. Check the past history on ETHUSD daily with the 50EMA and 100MA for your own analysis. Not financial advice. Only sharing an observation. Nothing is 100%, only trade what you can afford to lose and advisable to use only a small portion of your capital to trade each time with good risk management. Tips. Read on if you are a newbie trader: Margin Stop Loss - Always give more allowance for margin trading stop losses as there are quick spikes (sometimes called scam wicks) that can take you out (hit your stop loss) before moving back in the direction that you anticipated. Never place your stop loss too near the support area, if you are placing a long trade or never too near the resistance area if you are placing a short trade. You can study from past history based on major support areas and moving averages, by how many points (or %) does the movement move below the support area before recovering back up (study past history where there are good bounces from support areas / or rejections from resistance areas). For example if the support area you determined to be at 155USD for ETHUSD, based on past history you noticed that it usually moves further down before reversing near these support areas, for example by USD$2-$2.5, then your stop loss can be placed at 152.50 instead of 154 or 155. Also, if the stop loss you are going for for a long position is a round number like 150, I usually put it as 149.5 or 148.9. The same goes for taking profit. If you are placing a take profit limit order, you can consider going for a price point that is slightly lower and not a round number. This is so that you avoid placing orders where many other traders will be at, as you might miss out and the price might reverse against you before it hits your take profit limit order. Also once your trade is in a small but acceptable profit, always get your stop loss placed in profit. Especially when it has passed a good support or resistance area (example for a long trade order that has crossed a good support area now becomes support - move your stop loss to below that support area). For a long order, I would usually wait till a 2nd resistance area has been crossed, if my order is already in some profit then I will place a stop loss below the 1st support area (1st resistance turned support area). This is if you are the type of trader who wants to ride on a mid-term to long-term uptrend. This means you are willing to take that chance of either getting stopped out either in small loss or small profit in order to have the chance and possibility of riding on a longer term uptrend with much more profits in that trade. You can always place small portion orders and add to those orders as your trade gets in profit while raising your profitable stop loss to ensure that you will not lose in that trade. If possible try to never let a green profitable trade go back to red again. This is just what I do sometimes and hopefully newbies will find this useful. Remember never to over-leverage or place high risk large trades or go all-in. Losing with good risk management makes your losses small and you live to fight another day!
BLong
by mdyassink
2
BTG ANALYSIS (ALL TARGETS HIT, WAIT FOR RETRACE!)BTG/BTC UPDATE: BTG finally broke thru ALL 3 TARGETS! Congrats to those who stuck with BTG and held out! BTG went ABOVE and beyond all expectations hitting a top of .00315. BTG is now on a strong correction, down back just above the short term order block in the first red block. Considering RSI is extremely overbought, and Stoch is beginning a come down, I would not re-enter inside this block. I expect further downtrend for the time being, possible hit back at the 200 MA of .0012. Look for re-entry at this point if there is a green daily wick and volume to support. I will update again as we get closer to this point! Until then, trade closed after reaching all targets, enjoy the profit.
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by altchicasignals
BTC more signs of a bull run regardless of Iran US conflictSince BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was bound for correction on my analysis. But I was proven wrong and for me BTC pumping was unlikely from here. But it did...So in conclcusion if BTC is pumping even out of the Iran and US conflict which is already fading away...then we can consider this a sign of a bull run. Let's still see
BITMEX:BTCUSD.P
by Limitless-Investor
Bitcoin Gold Prints High Volume | Can Move Strong Next!Bitcoin Gold (BTGBTC) is producing really high volume since the 4-Jan. when it broke above EMA10 and challenged EMA50... This is a strong bullish signal. Right now we see prices for BTGBTC above EMA50 (yellow line / 0.000788) and another big volume bar being printed. The RSI is really strong sitting at 63.11. Above 40 the RSI is neutral and when prices are trading at the lows or around support, this can be considered strong. Above 50 we consider the RSI to be strong/bullish, so anything higher is really strong. The MACD is now entering the 'green' side which opens the other for a strong bullish move. Keep an eye on this one as it can make a huge jump in a matter of days. The targets are marked on the chart. This is not financial advice. Namaste.
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by AlanSantana
10
Bitcoin 2020 rise or fall : Decade of AV, AI, Crypto 2020 is not just an year it is beginning of new decade that will be of artificial intelligence, autonomous vehicle, crypto which was started by alan turing breaking enigma code. One of the biggest enemy of bitcoin is quantum computer in which google is king. this new year is different for bitcoin for number of reasons news "China's cryptography law that will be effective on January 1, 2020" send it to 10,000k and another news "3 Million Bitcoin in 2 Seconds: Google Quantum Computer" send it from 10k to 7k " the biggest concerns is that in CES 2020 there will be google, nvidia, baidu and quantum computing there will be huge announcement which are powerful enough to shake BTC based on technical analysis bitcoin is ready to rise again better than before since more than 7 top market expert have bet for market crash in march,December 2020 and early 2021. everything is all set for next economic crisis which will be worsen than 2008 that send gold to $1920 (all time high ) for this upcoming crisis an investor has bet gold price for $4003 (precisely). The important thing for crypto lover is that bicoin is digital gold and certified crypto expert teeka tiwari (whose videos are banned on youtube ) says repeatedly bitcoin is highly undervalued. this upcoming crisis might make bitcoin worth one million us dollar that is why it has 9 digits my contact info www.facebook.com www.instagram.com twitter.com
BITSTAMP:BTCUSDLong
by Sangam-Agarwal
2
A trading pattern free marketOften many coins will display little to no trading patterns. This is due to their youth and lack of public adoption. For example bitcoin gold shows a clear bearish trend, however it is lacking the necessary features to identify directional movements. Swings can often be random, pumping at times when big players feel like it is necessary for them. This can spell trouble for holders and buyers alike. Maturation of the market is required for trading patterns to be more easily identified among various coins, and unfortunately this only comes with time. We will see how this 0.93 linear regression downtrend unfolds.
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by Bixley
Today`s ALT!!! BTGBTCBINANCE:BTGBTC Exchange : Binance Coin: BTGBTC Buy Zone: 0.00091~0.00088 Target Point: 0.000945/ 0.000985/ 0.00103/ 0.00107/ 0.00111 S/L: 0.000865 Risk: HIGH Term: Middle You should be careful in buying BTGBTC because of Bitcoin It`s making Ascending Triangle RSI is also making Ascending Triangle The Volume is almost down Now, it`s time to be pumping !!! ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
BLong
by timbearr
1
Bitcoin Gold Oversold, ATH (11400%) & Targets (Full Analysis)Bitcoin Gold (BTGBTC) is now massively oversold. The RSI is sitting at 27.91 (lowest ever) on the weekly time frame. Remember we consider below 30 to be oversold on the weekly. Below 20-25 is oversold on the daily time frame. Here is the weekly chart: Over 11,400% potential profits to All-Time High (very unlikely to be hit again). Oversold RSI. Strong bullish divergence on the MACD (since August 2018). Weekly Bollinger Bands: We have BTGBTC going outside of the Bollinger Bands. This is the only indication we have right now of a potential bounce. How the weekly candle develops and closes will give us additional information. So we move to the daily time frame for additional signals. Daily chart for Bitcoin Gold (BTGBTC): Here we can see an attempt for Bitcoin Gold to move higher which was quickly rejected. Even though bear volume is higher than bull volume and the chart is dominated by bear action, the last low is still holding. If the last low (0.001228) holds as support, this increases the probabilities of BTGBTC consolidating and moving up from here. If it breaks, we go lower. Daily RSI: The RSI hit its lowest point ever on this time-frame as well. What to look for? After reading the above signals, what do we look for to know what will happen next? Let's go back to the basics... That's our lovely EMA10. If BTGBTC moves above EMA10 (0.001346) it changes its potential from bearish to bullish, and we can focus on growth. While BTGBTC remains trading below this point, there can be additional bear action or even a new all-time low. Have any questions? It will be my pleasure to show you my support. So write all you want in the comments section below. Namaste.
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by AlanSantana
8
BTCUSD Possible Incoming ReversalFundamentally speaking in the long run, BTC like gold and other assets treated as risk-haven now will continue to increase in value if market continues to be risk-off esp with trade "talks" going nowhere and "rumored" recession coming within 2-3 years. But technical-wise, there's highly probable reversal soon at least in the short-run (within this month only) like what I'm seeing in metals esp if DXY forces its way up to 100 and equities start recovering from last Monday's correction. Weekly: Gold: Silver: DXY: Confidence: B (bec this is not aligned with fundamentals and possibility of getting whipsawed, better to wait for the next "tail" to appear before shorting, or set a more conservative sell stop order below 12000 after bearish confirmation candles appear)
BITSTAMP:BTCUSDShort
by aiza_belle
4