Another one for BTGUSD I have developed on my last post for BTGUSD
Using these curved trendlines we can justify a support from a prior resistance (middle curved line)
After this point is reached expect a massive breakout of this big structure (both a falling wedge and symmetrical triangle at the same time)
The white line is an assumption of where this indicator will go once the breakout occurs
Btgdollar
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
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
A long-term Trading Opportunity To Buy in BitcoinGold ...Technical analysis:
. BITCOINGOLD/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
Price is in the support zone (55 to 38), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (55)
. Ending of entry zone (38)
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= @ 84
TP2= @ 118
TP3= @ 142
TP4= @ 170
TP5= @ 200
TP6= @ 335
TP7= @ 420
TP8= @ 476
TP9= Free
A long-term Trading Opportunity To Buy in BitcoinGold ...Technical analysis:
. BITCOINGOLD/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
Trading suggestion:
Price is in the support zone (55 to 38), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (55)
. Ending of entry zone (38)
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= @ 84
TP2= @ 118
TP3= @ 142
TP4= @ 170
TP5= @ 200
TP6= @ 335
TP7= @ 420
TP8= @ 476
TP9= Free
