Bitcoin Gold (BTG) formed big Gartley for upto 2095% huge pumpHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG)
On a monthly time frame, DCR has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bitcoingoldeth
Bitcoin Gold Very Long Mean IncreasePracticing the fib time zones, let me know.
Possible peak spiral price of 14500 at peak of a bubble
(1/1) Gann line is the mean price line increase for BTG over the next few years.
Bitgold in buy zoneVarious chart patterns have formed on the BTG/USD chart, including a symmetrical triangle that holds a falling wedge within it, VERY bullish. An Eve and Adam pattern (opposite of adam and eve) Eve bottoms appear rounded while Adams appear straight and sharp (I like to think of Adam and Eves private parts in the Bible to remember) This again is very bullish. A hangman pattern also has formed leading to the first wave up within the symmetrical triangle. Green lines are possible pathing within the wedge and triangle. Looks great.
Bitcoin Gold Descending ScallopBitcoin Gold has formed a descending scallop against the bitcoin pair. Descending scallops have been surprisingly successful in the cryptocurrency market, possible due to the large abundance of the pattern. This is a bullish reversal pattern. Blue box indicates buy zone on EMA line.
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.
Bitcoin gold at key fib levelBitcoin gold at key fib level of 0, possible drop lower before movement upward initiates.
There is a trading opportunity to buy in BTGETHTechnical analysis:
. BitcoinGold/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.079700 to 0.068100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.079700)
Ending of entry zone (0.068100)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.090000
TP2= @ 0.105960
TP3= @ 0.121340
TP4= @ 0.135070
TP5= @ 0.149380
TP6= @ 0.173670
TP7= @ 0.240830
TP8= @ 0.380120
TP9= @ 0.599320
TP10= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BitcoinGold/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.089900 to 0.078500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.089900)
Ending of entry zone (0.078500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.105960
TP2= @ 0.121340
TP3= @ 0.135070
TP4= @ 0.149380
TP5= @ 0.173670
TP6= @ 0.240830
TP7= @ 0.380120
TP8= @ 0.599320
TP9= Free
There is a possibility for the beginning of an uptrend in PPCBTCTechnical analysis:
. PEERCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00019800
TP2= @ 0.00021500
TP3= @ 0.00025500
TP4= @ 0.00031580
TP5= @ 0.00049700
TP6= @ 0.00051700
TP7= @ 0.00060700
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.109290 to 0.089890). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.109290)
Ending of entry zone (0.089890)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.130420
TP2= @ 0.149380
TP3= @ 0.173670
TP4= @ 0.240830
TP5= @ 0.380120
TP6= @ 0.599320
TP7= @ 1.059250
TP8= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.109290 to 0.089890). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.109290)
Ending of entry zone (0.089890)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.130420
TP2= @ 0.149380
TP3= @ 0.173670
TP4= @ 0.240830
TP5= @ 0.380120
TP6= @ 0.599320
TP7= @ 1.059250
TP8= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.05810 to 0.05160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.05810)
Ending of entry zone (0.05160)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0675
TP2= @ 0.0730
TP3= @ 0.0902
TP4= @ 0.1012
TP5= @ 0.1201
TP6= @ 0.1498
TP7= @ 0.1760
TP8= @ 0.2404
TP9= Free
There is a possibility for the beginning of an uptrend in BTGETHTechnical analysis:
. BITCOINGOLD/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.05810 to 0.05160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.05810)
Ending of entry zone (0.05160)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0675
TP2= @ 0.0730
TP3= @ 0.0902
TP4= @ 0.1012
TP5= @ 0.1201
TP6= @ 0.1498
TP7= @ 0.1760
TP8= @ 0.2404
TP9= Free