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
Bitcoingoldusd
Bitcoin Gold (BTG) formed bullish Gartley for upto 24.5% rallyHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin Gold (BTG) with BTC pair.
Recently, we had a nice trade of BTG:
Now on a 4-hr time frame, BTG has formed 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
BTG/USDT Long prediction Entry Point: 90$
Stop Loss: 70$
Take profit: 160 (Sell on an all-time high!)
Approximate time: 30 to 60 days.
$btg #BTG BTG - long, but caution as it's past 'sweetspot'Bitcoin Gold, a fork on Bitcoin, is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. BTG has had a stellar outbreak to the upside, passing the 162.8% fib extension level, and then the 261.8% level. It's made new high three times in a row, with the latest high around 115.35. If price can push above around 107.34 then this will indicate bullish continuation in the short-term, while a drop below around 97.88 will mean that a larger correction to the downside is in the cards. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
Bitcoin Gold BreakoutUsing fib circles we can see the breakout within 2.618
This may continue as the price has just entered this Fibonacci circle ring
If my 'Fibonacci waves' piece of theory is correct then a bull wave is the result within 2.618
Fib waves attached
Imo BTG is extremely undervalued for something attached to BTC, much like Ethereum Classic.
Bitcoin VS Gold CorrelationHi Traders,
Hope u got it ! Bitcoin and Gold have a very closely similar chart for now, Like BTC was correlated few weeks ago to S&P500, during the Pandemic Crash.
The Next incoming economic crash with Covid Phase 2 returns will be very interesting... we will know wich safe haven peoples will decide to invest in.
Follow Bitcoin + Gold to get a clear View !
Happy Tr4Ding!
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.
BTG Breakout or short opportunity?BTGUSD has formed a falling wedge
This may be the third wave with the wedge however there may be a fourth
However it could breakout ya never know
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.
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.
Possible fractals Gold Bitcoin bullishPossible fractals of GOLD in relation to Bitcoin. GOLD pumped even before the incident in Iraq between Iran and U.S but considered to be a safe haven asset pushed it further as investors are still holding. Remember that GOLD and BTC has numerous fractals showing with relation to the use of each asset/security. Bullish divergence present at MACD's histogram
Bitcoin gold at key fib levelBitcoin gold at key fib level of 0, possible drop lower before movement upward initiates.
Bitcoin Gold (BTG) will go up 20%BTG Short, Mid, Long term Trading Plan: Sell targets are above on chart.
Thanks a lot for reading. Enjoy your trade :)
Bitcoin Gold Long Position 28% !!Bitcoin Gold Correction Cames on the Fib Level 0.618 Level then we will do Long Position as well as Given Below-
Buy- 0.004300
Sell- 0.004700 , 0.005500
Stop Loss- 0.003700
Let See , What Will be Next Move.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
BTG Bitcoin GoldOn this chart we see all trade history BTG/USD on Bitfinex. After huge falling movement Bitcoin_Gold is in big flat zone from June 2018. This flat looks like accumulation of positions. We saw double volume squeeze On September, bigger then avarage Volume indicator, but without price changes.
Then we need to look on BTG/USD Long positions amount:
There we see the strong accumulation of Long positions on Bitfinex from 17 August. What is it? Why Long positions did not decrease even where all crypto market was under stresses? Maybe it is the next manipulation by Bitfinex as ETP?
There are many questions which I haven't answer but one thing I know - BTG expects some movement, strong movement..
So, I am considering BTGUSD as good Long position for long-term. It is a risky deal but we may see a huge pump!
Pay attention for this coin, guys and do not forget about risk management.
BTGUSDBTG/USD
Judging by the number of accumulated BTGUSDLONGS
Expect a local uptrend with the goal of fib 61.8
Indicators on the buyers side
There is a possibility for the beginning of an uptrend in BTGUSDTechnical analysis:
. BitcoinGold/USDollar 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 52.
. 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 (27.00 to 22.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (27.00)
Ending of entry zone (22.00)
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= @ 39.00
TP2= @ 47.00
TP3= @ 56.00
TP4= @ 68.00
TP5= @ 84.00
TP6= @ 109.28
TP7= @ 146.00
TP8= @ 168.79
TP9= @ 216.75
TP10= @ 264.75
TP11= @ 333.27
TP12= @ 420.31
TP13= Free
There is a possibility for the beginning of an uptrend in BTGUSDTechnical analysis:
. BitcoinGold/USDollar 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 52.
. 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 (27.00 to 22.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (27.00)
Ending of entry zone (22.00)
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= @ 39.00
TP2= @ 47.00
TP3= @ 56.00
TP4= @ 68.00
TP5= @ 84.00
TP6= @ 109.28
TP7= @ 146.00
TP8= @ 168.79
TP9= @ 216.75
TP10= @ 264.75
TP11= @ 333.27
TP12= @ 420.31
TP13= Free
There is a trading opportunity to buy in BTGUSD Technical analysis:
. BITCOINGOLD/DOLLAR is in a downtrend but 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 RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 10 BUY trade(s) @ 26.145 based on 'a reversal candle (Valley)' entry method at 2018.06.30 in our suggested support zone (27.00 to 22.00).
Beginning of entry zone (27.00)
Ending of entry zone (22.00)
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 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= @ 39.00
TP2= @ 47.00
TP3= @ 68.00
TP4= @ 84.00
TP5= @ 146.00
TP6= @ 196.00
TP7= @ 250.00
TP8= @ 380.00
TP9= @ 478.00
TP10= Free