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BTGUSD

A Golden Monster Trade?Currently price is trading at the edge of a major classic fibo support. If we can stay above this level ($157) it could trigger a bullish rally taking out resistance levels along the way. AB=CD harmonic pattern suggests trading is to be expected above $577 within the next 19 days. Thus, MIN TP can be set at the $677 fibo extension, and its possible to look higher for a MID TP of $888 and a MAX TP of $1000 down the road a little. Additional bullish confirmation can be sought from an RSI value over 50 and a breach of the EMA 25 on the 4HR. Alternatively, if we breach the major classic fibo support zone, we have strong support at the max consolidation range around $100. Cheers and GLWT! -Erik
BLong
by Trader6127
23
BTG to continue its uptrend?BTG did today a +50% from 160 to 260 US$. For the moment we observe a correction but the potential is enormous, if we remember that 10 days ago it reached 480 USD. Will it continue its road to to the top? I think that it is important to confirm first that the price : 1) stays between the "Support Line" and the "Resistance Line" and 2) there is a sort a breakout over the blue line. If these 2 conditions are met, it is probable that we will have an uptrend. If not, we must wait for some time. By the way, for the moment RSI and Aroon seem to show a reversal to an uptrend.
BLong
by NickTsili
7
New Hope Appears for BTG - Time to BuyThe whole BTG fork, annoucnement and hype sucked a lot of people into it. If you are one of the people who bought it at $100 and sold at $400 peak good for you. If you got stuck into it at the peak and hoping it goes up again so you can break even at least, you are with me in this position. My story with BTG is funny. When it was trading at $400, it had a few flash crashes to $280-$300. So I was pinned to my desk with a limit buy order at $310 so I can dump quickly and make an instant 30% $$$. We had party that night and after 30 minutes of being in front of the computer, a friend came in and I had to go get him from the lobby of our apartment. Long story short, more guests came and I totally forgot to cancel my limit order. The next morning, I opened up my laptop to check the prices and I noticed that I have BTG in my Bitfinex! Strange! then I remembered that I forgot to cancel the limit order. But it was too late late, BTG was trading below $300 and then I got and didn't want to cut the losses so I waited for it to go up again and look where it is now and I lost 50% of my money in BTG. Now I see three signals for BTG to become bullish again. The price stablizes between 200 and 170 for the past 3 days. The slope of Volume Flow Indicator is positive and trend line is moving toward 0 and becoming positive. And Weis Wave Volume chart shows three picks of green bars showing more buys than sells. Buy BTG, Go long
BLong
by GoAmir
4
#Hypeoftheweekend! Make a quick buck on Gold.Let's start of with the fact that I think Bitcoin Gold is a shitcoin with no future. However, I am here to make money and that's what I am looking to do with the hype of the weekend, which I believe will be Bitcoin Gold (BTG). Fundamental Bitcoin is correcting and people have cashed out large profits. Many of those will be looking to speculate to make more. "I made money on BTC, why not invest in another much cheaper Bitcoin and see if I can make even more money" is something I think will be going through some heads. We are seeing money flowing into Bitcoin Cash today, partly because of this I believe but Cash actually has a fighting chance against Bitcoin and I believe it will increase more. That's another story though . This one is about Bitcoin Gold, and I have no hope for it long term. This is pure speculation on my side obviously, but that's how we make money and I believe Bitcoin Cash will be a good bet over the weekend as we are leading up to the launch. 12th November is the date that Bitcoin Cash will launch and coins can start flowing. bitcoingold.org Most likely we will get hype up until launch and top out a little bit after the coins start flowing and exchanges start opening up trading. From there it will be straight downhill. We have already begun to see some price increase today, and it may go higher then my target at 375 USD, but I feel like that's a safe place to sell out for almost an 100% gain. Technical New market, there aint that much to go on. I have added a ghost feed to project around what I think the chart will do. This is with no doubt a risky move, but putting stop loss below 150 USD or trendline will provide a great risk to reward ratio! Numbers Buy: 195 USD Sell: 375 USD Stop Loss: 150 USD or below trendline.
BLong
by Kryptokelly
40