BTGBTCHello,
BTG is preparing go to space :) after 2 months i hope will arrive around 160000/$140. If be patient i know you can earn good money. You should start pick.
Good Luck!
Btgbtc
Bitcoin Gold Long. 05-05-18Bitcoin Gold is still in buy range for a long play. I bought this last week, could of got a better entry if I had of waited but I thought it was going to go when I bought. I think under 0.0080 is a good entry for this. It should see at least 0.013 for good gains. If you have a bitfinex account you can play this on margin. IE. Buy some and play long with 50% to compound the gains.
I remember having some of this last year when I didn't really know what I was doing. I remember it hitting around $450 and not being wise enough to sell it. Not going to make that mistake again. Barring anything crazy happening with bitcoin, I think BTG should start to out preform it. Playing this against BTC to make more BTC.
Enter under 0.0080
Stoploss 0.0073
Target 0.013 +
Everything looks good with this, all we need is a little patience and let the price move up.
Zoomed out view
BTG vs USD
BITCOIN GOLD HEIKIN ASHI STRATEGYOur trading community is composed of long-time crypto enthusiasts, and in today’s article, we want to bring to your attention the Bitcoin Gold trading strategy that uses the Heikin-Ashi technique to forecast the Bitcoin Gold price.
The Heikin-Ashi technique is simply another form of looking at charts that traders can use to spot trading opportunities. This new revolutionary way to look at charts can be applied to any time frames. So, no matter of our trading style (daytrading, swing trading, trend following) you can implement this trading method into your trading cryptocurrency strategy.
You can put to use the Heikin-Ashi charts to many markets even though they initially were designed for commodities and stock market price; it has the same kind of success on Forex currency pairs as well as on cryptocurrencies.
Heikin – Ashi in Japanese means average bar and are a type of candlesticks different than the typical Japanese candlesticks that you encounter when learning how to trade. However, we’ve found that the Heikin – Ashi candlesticks are much more accurate in helping us determine Bitcoin Gold price movements.
There are two primary trade signals that we can identify through the Heikin Ashi candlestick:
Bullish candlesticks with no wicks or very small wicks indicate a strong uptrend and good buying Bitcoin Gold opportunities.
Small candlestick characterized by a small body and big upper and lower wicks signal a potential reversal.
Note* The same rule can be applied in reverse for Heikin Ashi bearish candlesticks.
Step #1: Identify three consecutive bullish candles that have no lower wicks.
After you switch to the Heikin Ashi candlestick chart on your trading platform, the first step is to identify three consecutive bullish candles.
It’s mandatory that all the three Heikin Ashi candlesticks have NO lower wicks.
Remember that bullish candlesticks with no wicks indicate a strong uptrend and further increase in Bitcoin Gold price.
We also have to make sure that these three consecutive candlesticks are placed at the right location.
Step #2: Before the three consecutive bullish candles we need to have no more than 5 consecutive bearish candles
Location, location, location is the key word and a fundamental concept if you want to improve your trading instantly.
So, prior to the three bullish candles spotted earlier, we need the location of this pattern to be located in such a way that behind it we can’t count more than five consecutive bearish candles.
Identifying trends and opportunities to buy Bitcoin Gold are much easier now that we have a trade setup with a good location.
Step #3: Buy at the market at the opening of the next 4th candle
When to buy Bitcoin Gold is very easy to understand.
To initiate a position, wait for the opening of the 4th candle after the three consecutive bullish candles.
Preferably, after you spotted the three candle trade setup, you need to get ready to pull the trigger.
Step #4: Place protective Stop Loss below the most recent swing low
There is a very obvious predictability in our approach to the stop loss strategy.
We hide our protective stop loss few pips below the most recent swing low. Alternatively, you can place your stop loss below the three candlestick pattern, but you risk to be taken out prematurely when we’re in a trading range.
So, you need to adapt your stop loss strategy to the current market conditions.
Step #5: Take Profit equals 2 x risk or 3 x risk
Depending on how strong the Bitcoin Gold trend is, you want your take profit target to be two or three times more than your stop loss. This is a simple exit strategy that potentially can reward you with a positive risk to reward ratio.
For take profits, you can also cash out at regular trading intervals partial profits.
Note** the above was an example of a BUY trade using the Bitcoin Gold cryptocurrency trading strategy. Use the same rules for a SELL trade – but in reverse.
PM me if you want to read the complete strategy
BTG bullish trend continuation ?I like how the bulls are defending that lower cloud and not letting the price go down
We also have a bullish divergence and increase in momentum in RSI even when the price stays even which is really bullish and usually one of the first signs of Bull trend
I will wait for this candle to close to see if we still stay within the cloud
BTG-BTC - Retest and explosion?Hello traders! Today i want to show you BTG , in 2h timeframe it broke a triangle , price above EMA 100 and 200 so now i'm waiting for a retest of the previous highs zone and then will start a bullish movement in my opinion. A stop loss below the lows with a TP1 into the previous highs zone around 0.01. Don't take that as a financial advice . Have a nice day !
There is possibility for the beginning of uptrend in BTGBTCTechnical analysis:
BITCOINGOLD/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 54.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0076 to 0.0055), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0076)
Ending of entry zone (0.0055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0124
TP2= @ 0.0150
TP3= @ 0.0180
TP4= @ 0.0230
TP5= @ 0.0260
TP6= @ 0.048
TP7= Free
There is possibility for the beginning of uptrend in BTGBTCTechnical analysis:
BITCOINGOLD/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 54.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0076 to 0.0055), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0076)
Ending of entry zone (0.0055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0124
TP2= @ 0.0150
TP3= @ 0.0180
TP4= @ 0.0230
TP5= @ 0.0260
TP6= @ 0.048
TP7= Free
BTG/BTC (How a pump forms)BTG has been crashing continually through out the whole bear market, you can consider this as a "dead" coin. When it's dead it's usually the time to load up on this shitcoin. Looks like a smaller scale alt season is coming up, so I'm preparing myself to load up on some BTG.
Entry - @ 0.0055 ~ 0.006
Target - @ 0.012
Stop - 10%
I'm betting on this to be the bottom, at a lower time frame it has formed a double bottom with the RSI diverging already in addition to another alt-season. :D
Bitcoin Gold (BTG) - BTC (Fly High or Extended correction?!)Welcome to my blog dear investor,
Let's talk about the rules before we start our trading plan.
RULES:
1. always take full responsibility for the results yourself;
2. spread the risks, because spreading is making happy;
3. develop an investment method that is SMART;
4. develop its own vision on the functioning of the financial markets;
In this case i'll make a prognosis of BTG by using the tips in my previous post. I'll mix the Dow Theory with the Elliot Wave. I hope u will enjoy this one.. U also can use the questions for youre own prognosis. ()
1. everything is processed in the indices or market averages;
Well then we only look at the price to make an prognosis.
2. the market has three trends; (for the different types of markets go to Part 2 of my post, link upstairs)
It looks like we are in an upward trend which is correcting know..
3. each primary trend consists of three phases;
The accumulation phase has passed. The big investors bought theire shares and waiting for the correction of BTG. After the correction has passed the trend followers will step in. This will start the second phase. So that means, we are on our way to the second wave.
4. the market averages must confirm each other;
What are the market averages doeing know? Well i'm looking for the last week and last week % of BTC, ETH, LTC, NEO, XVG.
BTC: +%
ETH: +%
LTC: +%
NEO: +%
XVG: -%
The percentages are global averages. We can conclude that there is an upside trend the last week/days.
5. the volume must confirm the trend;
The volume has not confirmed yet that there is/will be an break out. We will wait and watch for the confirmation. If there will a bullis signal, but the volume is low, then i do not step in.. That means the bullish signal is to weak to continue and will fall down. When there is a bullis signal with high volume then that one can be an confirmation of a new wave..
6. a trend remains intact until there are definitive signals that it is reversed.
There is no signal of reverse know.. It is making an correction.. It will start his nes 5 wave of Elliot when the correction is done..
Let's set our target:
Buy-In target: 0.00772082
Wait for confirmation before buying.. This could be also an extended correction.. The fibonacci, RSI and MACD are negative with de daily chart.
Summary:
If the RSI, MACD and volume gives confirmation, then buy in at the buy-in target.. If the prices fall down, then it will be an extended correction.. I'll follow BTG for a long time.. This coin will make a lot of profit when it goes in his second phase..
Follow the money and i hope u will make a lot of profit..
One generation passeth away, another generation cometh, but the earth abideth forever. The sun also ariseth, and the sun goeth down, and hasteth to his place where he arose.
The wind goeth toward the south, and turneth about unto the north; it whirleth about contunually, and the wind returneth again according to his circuits. All the rivers run into the sea; yet the sea is not full; unto the flow from whence the rivers come, thither they return again...
The thing that hat been, it is that which shall be; and that which is done is that which shall done; and there is no new thing under the sun..
Source: Elliot Wave Principle, Key to Market Behavior.
BTG-BTCBitcoin Gold is bottomed.
BTG have good potential to Rise above the moon.
Risk=Reward
Thank You
Bitcoin Gold UpdateBTG is currently accumulating, but it's also following down a major trend line that used to be support. Breaking this line would indicate bullish behavior and possibly send it to complete its fifth Elliot wave.
Bitcoin Gold looking to enter upper-channelWhat was once support for BTG is now acting as resistance. It's looking to either break it, or it could fall back into the lower channel.
BITCOIN GOLD WITH 275% PROFIT POTENTIAL - MThis is medium risk trade with a good profit potential.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BITCOIN GOLD FALLING WEDGE ?Bitcoin Gold has been following the market trend for the last days and is on retracement from its breakout. So it came to my notice that Bitcoin Gold might be forming a falling wedge reversal pattern which if it follows we should be seeing it bouncing back from the area of support 1 and breakout of the descending triangle after which we should see a breakout to resistance 2 after which we might see a retracement back to resistance 1. If it follows this trend, then this breakout may be the wave 1 of the next 5 Elliot Waves.
Bitcoin Gold - BTGBTC - Golden Daily SetupI have to say the Daily Chart is looking so GOLDEN for a MASSIVE Retrace!
Watch for the .038 - .04 btc range on $BTG
The main reasons i'm buying & HODLing is because the Daily & Weekly Charts look WAY OVERSOLD & the conference on the 30th of April.
coinmarketcap.com
bitcoingold.org
Price as of 4/27/18
$74.08 USD (-3.77%)
0.00818319 BTC (-1.75%)
Market Cap
$1,257,200,430 USD
138,867 BTC
Volume (24h)
$28,889,900 USD
3,191 BTC
Circulating Supply
16,969,749 BTG
Total Supply
17,069,749 BTG
Max Supply
21,000,000 BTG
Bitcoin Gold fifth waveIf BTG isn't taken down any less from this market retracement, I believe it'll complete its fifth Elliot wave.
The "Pro" title in my name means nothing. DYOR
BTG buying opportunity BTG need to break 0.0089 BTC resistance , after that it will follow all previous trend waves until 148 USD.
Inverse Head and Shoulders BTGBitcoin Gold is showing a bullish inverse head and shoulders on the 1 hour. This could be the catalyst for its fifth wave. However, because it's a lower time-frame, it's not as strong. However, still a possibility.
BTGBTC 4H LongBullish market structure with higher highs and higher lows. Higher low printed at a 34 EMA bounce and 61.8% fib bounce. Expecting it to go long from here and make a higher high.