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Bitgettoken

BGBUSDT on a Channel Up targeting 0.8000The Bitget Token (BGBUSDT) has been trading within a Channel Up pattern since March 2022. For the past 3 months it has entered a consolidation in the upper level of the Channel Up around the 1D MA50 (blue trend-line). A similar 3 month accumulation phased took place below the middle of the Channel Up just before the February rally. As long as the price stays above the 1D MA50, we can stay bullish. If it closes below it, we expect the price to seek the 1D MA200 (orange trend-line) for Support and then rebound. In both cases we are targeting 0.8000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
1
BGBUSD Trading within a RectangleThe Bitget Token (BGBUSD) has been giving us great opportunities both on the long and short-term. Last time it gave us enormous profit on the 1H time-frame: This time we are looking it from a long term perspective, on the 1D time-frame, where the price is rebounding after hitting the January Higher Lows trend-line, while the 1D RSI is rebounding after hitting the 30.00 oversold barrier. We are again on the 1D MA50 (blue trend-line) after a week and being in a Rectangle, we expect the price to hit at least 0.4700. As long as we trade below the 0.51845 Resistance, we will look to short every approach back towards the Higher Lows trend-line. A break below the 0.31375 Support, will be a sell signal, targeting the 1D MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BGBUSD
by TradingShot
2
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 🐋
Long
by MadWhale
8
IS BGB TOKEN A NEXT BNB?Hello members, welcome to BGB/USDT update by CRYPTOSANDERS. In the current scenario, BGB/USDT is trading inside the H&S pattern. Here we are expecting that it will come down near the yellow zone which will be the zone where we can take a position on the spot and hold it for the long term. BGB (Bitget token) is an upgraded platform token of the Bitget exchange. The Bitget exchange is one of the fastest-growing exchanges. Entry:-CMP $0.14 $0.16 Target:- long-term hold and good profit Stoploss:-NA Share your views in the comment section. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
3
BGBUSDT made a bullish break-out. Potential for +7% profit.The Bitget token (BGBUSDT) broke today above the last Lower Highs trend-line left as Resistance since the pull-back from the February 10 High. By doing so, it also broke above the 1H MA50 (blue trend-line) which has been unbroken also since Feb 10. This is technically a double bullish break-out formation and now which should turn our focus on the Fibonacci retracement levels for potential targets. Notice also that the MACD is on a Bullish Cross, while the RSI has also broke above its respective short-term Resistance level. If the 0.382 Fib level breaks, our bullish target will be the 0.618 Fib at 0.11713. We may see some profit taking there, so buying should be extended after a confirmed break of the 0.11785 Resistance, where the target will be a complete gap fill at 0.12115. This represents all together from the current levels a +7% profit opportunity. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
2