Bitcoin Gold (BTG) Bullish All Around (482% Earnings Potential)The charts for Bitcoin Gold (BTG) are ready for action. We are broke out yesterday and there is lots of room left for growth.
I honestly don't know anything about Bitcoin Gold (BTG), Bitcoin Cash, Bitcoin Platinum, etc... we don't mind about it. These are "codes", letters and numbers that are being displayed on a screen, for me. These are tools, for us...
Tools that can be used to generate money, which can be used in many different areas of our life.
So think about this for a minute. You can use these "coins", buy, hold and later sell, to make money which you can use to improve your life. Easy money that can work for your own benefit, how nice is that?
So we find an opportunity in these "markets', that can make us easy money and improve our lifestyle, so we take it, and we say... "THANKS!"... But now, let's trade...
Bitcoin Gold (BTG) Bullish... by Alan Masters
CHARTS, SIGNALS & INDICATORS
First, here is the long term chart. You can't see much in this chart, because of how long it is, but the volume can be easily spotted on this chart. Big volume = Good... in this situation. We have the highest volume today that BTG has ever had with the exception of January 13th (marked on the chart with a red vertical line - the volume is represented by the green bar at the lower part of the main chart):
- You need to zoom in at the Bitcoin Gold (BTG) charts if you want to "see" the signals that I will be mentioning below. But you will understand since I always look for the same signals. Each trader has a set of tools that they use to figure out if a trade is good or not according to them. I use mainly the MACD, RSI, candlesticks and some other indicators. But I just need a few bullish signals in order to move on and proceed with a trade. The most important part for me is to be close to the bottom and not having any bearish signals. I don't like negative/down/bear signals. I love positive/up/bull signals. :D
- Another "trick" that I use is to look at multiple time frames. When you are analyzing charts, you might get stuck in one time frame... That's no good. You need to look at several different time frames so that you can confirm that your signals are good for the short, mid and long term. Depending on how you are trading. I am sharing all of this for your learning and entertainment... of course.
- We have positive divergence on the MACD, this is based on the daily chart.
- The RSI is massively bullish, trending up strong and with great momentum.
- The DMI just crossed over (the blue line) and is trending up. The OBV is trending up as well.
- The TD Sequential is showing a BIG #1 on the daily chart.
- 24 Hours trading volume is still low, it allows for plenty of growth.
- On the 4 hours chart, you can see that we are moving up and we are already above SMA20, 50 and 200.
- The weekly chart is at the bottom... Is this good or bad? At this stage of the race, this is actually pretty good.... Because once you are at the bottom, the only way left to go is UP!
TRADE INSTRUCTIONS
Buy-in: 0.0057 - 0.0066
Note: Try to buy in at the lowest end of this "buy-in" range. You can wait for the price to go down before buying in.
Targets:
SHORT
(1) 0.007100
(2) 0.007520
(3) 0.008733
(4) 0.010695
MID
(1) 0.011728
(2) 0.015544
(3) 0.021714
(4) 0.031700
LONG
LONG targets note: Low probabilities, but the cryptocurrency market is awesome (crazy), so anything can happen. Here are the long term targets for Bitcoin Gold (BTG) based on the last all time high.
(1) 0.039174
(2) 0.059971
(3) 0.093587
(4) 0.117517
(5) 0.148000 (All Time High)
Stop loss: 0.005557
Message: How Can I Be Me?
Just do it!
Express yourself...
Regardless of the consequences...
Namaste.
Bitcoingold
Bitcoin Gold :- Daily Time Frame AnalysisBitcoin Gold :-
Prices have confirmed the breakout from the major downtrending channel and have begun their upmove.
You could see prices head a bit lower in essence a retracement would be required if you need to head higher.
We could look at 72.161 levels coming soon
BTG - Did we hit the bottom? Hello, I would like to share with you my thoughts with BTG
We can see on the daily RSI has bottomed out and a divergence it seems is showing up.
Since from the BTC hard fork, the price seems to have been on a downtrend, and most of the coins have been recovering due the BTC's spike. We might see this one pop up and catch up with the rebound. The price range daily has been compressing ever since, showing lesser volatility which could indicate a spike in the future. This could have a good R/R ratio. Trade at your own risk.
BitCoinGold first target 115. Huge potential now. I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day!
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What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BitCoin Gold under opening price. Bottom? only way is up? I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day!
-------------------------------------------------------------------------------------------------------------------------------------------
What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
BTG - A life of falling pizzaBTG has had a life of pizza and is at the apex of it all. Looking like a great time to take a long position. Can't be bothered with a proper write up right now. The chart says it all.
BitcoinGold [BTG] Looks Like Rising. -Ascending Triangle PatternAscending Triangle Pattern Formation should work.
Bitcoin Gold - Though it pains me to say this Oh hi there, it's Marmalade Mike,
Firstly, this call gives me no pleasure to call. Though I certainly never don't hate on any coin, if a coin can make us money then i'm more than happy for it to exist.. BUT.. it's got to be said that when it comes to Bitcoin Gold i'm not such a fan since it doesn't bring anything new to the space and how it got listed on all the big exchanges when (slightly) better coins like Bitcoin Private get treated like the deformed twin is slightly confusing, but hey, here we are.
So here we have a coin that's never had a chance, we can't talk about all time highs here since we never had a valid one, just a spike up followed by a continuous decline throughout this delightful correction. In these terms to say BTG is due a good upturn is truly an understatement, it has the volume, it has all the right signals.. it COULD i emphasise 'could' have one of the best runs of the this spring.
On to an overview;
Weekly View
I'm kidding, there's not enough data here to take anything meaningful from a weekly view
3 day view
- MACD is low with a sneaky bullish crossover and making higher highs and lower lows, though it is being quite subtle about it so far
- RSI is low and flat, no inclination to take us lower here which means the only way is up once we get some momentum behind us
- SMI is oversold sinc, well, forever and is showing us a bullish crossover, not a small feat on the 3 day view which is not something you can see on many coins at the moment!
You can see the similar to be said on the daily chart above, not much momentum but everything is pointing gently upwards
My suggested buy in range is to be looking between 0.00586000 - 0.00660000 depending when you want to get on the boat
Either way this could well be one of the first trains to leave the station, will update as things progress
Cheers for reading
BitCoin Gold (BTG) : 100% Potential ProfitNot much time, since it's actually already started..
The chart does seem to have dug quite the mine shaft and at long last..
GOLD..
It's likely to double in value within the next couple of days..
Who knows.. Possibly even today..
Early entry is key, so get yours..
Bitcoin Gold Price Analysis For MidTermBitcoin Gold Price Analysis For MidTerm
BTGBTC
RSI Over Sold
Descending Triangle Chart Pattern
MidTerm
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Wishing You Success,
Happy Trading
The Dead Cat Bounce: A Bear In Bull's Clothing?
Is the recession really over, or is it a dead cat bounce?
There's an old saying in investing: even a dead cat will bounce if it is dropped from high enough. The dead cat bounce refers to a short-term recovery in a declining trend.
What Causes A Cat To Bounce?
There comes a time in every bear market when even the most ardent bears rethink their positions. When a market finishes down for six weeks in a row, it may be a time when bears are clearing out their short positions to lock in some profits. Meanwhile, value investors may start to believe the bottom has been reached, so they nibble on the long side. The final player to enter the picture is the momentum investor, who looks at his or her indicators and finds oversold readings. All these factors contribute to an awakening of buying pressure, if only for a brief time, which sends the market up.
Dead Cat or Market Reversal?
As we noted earlier, after a long sustained decline, the market can either undergo a bounce, which is short-lived, or enter a new phase in its cycle, in which case the general direction of the market undergoes a sustained reversal as a result of changes in market perceptions.
How can investors determine whether a current upward movement is a dead cat bounce or a market reversal? If we could answer this correctly all the time, we'd be able to make a lot of money. The fact is that there is no simple answer to spotting a market bottom. (Picking market bottoms takes some technical know-how. Check out Market Reversals And How To Spot Them to learn more.)
It is crucial to understand that a dead cat bounce can affect investors in very different ways, depending on their investment style.
Style and Bouncing
A dead cat bounce is not necessarily a bad thing; it really depends on your perspective. For example, you won't hear any complaints from day traders, who look at the market from minute to minute and love volatility. Given their investment style, a dead cat bounce can be a great money-making opportunity for these traders. But this style of trading takes a great deal of dedication, skill in reacting to short-term movements and risk tolerance.
BTG can fly in 1weekbecause BTG is now very low and is on Support (S1) so our target is 1st resistance (R1).
Check the link blow for get important news about BTG
goo.gl
BTGUSDT Good opportunityA good opportunity, a small risk, a big profit
The coin again in percentage terms grows better than the market
Entry point: 61.7
Stop: 59.2
Target1: 76.8
Target2: 84.5
Long BTGToday\tomorrow I'm waiting for the break through BTG, two options - a breakdown of a small triangle or a march to a big one, in case of breaking up - we'll work out the Head and shoulders with a target of ~79 or ~89 depending on the movement on the BTC. Do not throw away the option of breaking through on news or behind the BTC. Therefore conservatively the entrance is at ~ 69.5 at the intersection of the neck
Bitcoin Gold :- Gold in the making!!Bitcoin Gold is facing a major resistance closer to the pink Moving Average.Looking closely the volumes signify a major change in trend from just the volume perspective.A Zone of Accumulation has been created and now looks set to have created a major floor.
Keep and eye out for the levels near 55 as they can tell a lot about the future of this crypto.
BITCOIN GOLD - GOLD MINE IN THE MAKING!!Bitcoin Gold is one of the most strongly beaten down cryptos in the current market mayhem.The downtrend channel has acted as major resistance and will continue to do so up until price breaks out of with a solid Volume Candle
I am looking at retesting of previous highs in 2018 peak of summer regions.A Bold call to make considering that it is a long shot from here.But Welcome To The Wild Wild West.
Trading Signal for Bitcoin Gold (BTGUSDT)If you would like to support me, please ‘like’ the chart and follow me.
With the market volatility settling down after this week’s route, it could be time for a retracement.
We will need to see the price move above the Daily Pivot Range (blue dots), as well as the Opening Range high which marks the ‘A’ up level.
With a significant double bottom formation this is a key support level.
The action to take is to place a buy order to enter the market long if the market trades at or above the ‘A’ up line for 15 consecutive minutes or longer. This will confirm the market wants to move higher. Use your short term or 1-5 minute charts to verify the time requirement.
Place the stop loss and the profit targets stated below.
Note: If triggered, look for the trade to play out over a period of 48 hours and if no significant move after 6 hours, exit the trade. Keep in mind the 6 hours is not a rule but a guideline as you will want to use discretion when managing the trade.
Exchange: Bittrex // Buy above: 65.00006// Stop-loss: 62.90 // Take-profit: 72.62/ 76.37
Once first profit target is reached, bring stop loss to breakeven, then trail a stop loss on remaining position .20 points back as market moves higher to safeguard profits or until second profit target is hit.
BTG - Good opportunity(Volume Analysis Prediction 3/12/2018)We have a point from which the price has already worked.
BTGUSD: Bitcoin Gold 30% Gain vs 6% Loss = GOOD TRADEBitcoin is currently deciding on the market movement. It is showing recovery, and therefore all the altcoins will start recovering from now until Monday. Even though any coin right now is a good buy, BTGUSD specifically is still a good trade because BTGPay was announced a week ago on Twitter and it is still coming. The price will recover to the levels I am suggesting and if you look back to 2/6/18 crash there was a 70% win. If you are not in a trade, BTG is a good one!
Enter: $73 - $76
Stop Loss: $68
Take Profit: $95
Take Profit 2: $105
Take Profit 3: $110
BITCOIN GOLD COLLAPSE, BY DANIEL BRUNO, CHARTERED MARKET TECHBITCOIN GOLD IS AT ALL TIME LOWS!
THE PURPLE LINE WAS THE PREVIOUS ALL TIME LOW FROM WEEK ONE OF BTG DEBUT
HOW LOW CAN BITCOIN GOLD GO? THEORETICALLY, THE ANSWER IS ZERO
DANIEL BRUNO, CMT
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