Btgusdlong
BTGUSD - Inverted Descending ScallopBTGUSD has engaged in a descending scallop and they typically move like this
Price reaches a critical point in its descent and breaks out, this time it just happens to be at the .236 level
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
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
BTGUSD Symmetrical Triangle BreakoutThis is the daily chart for BTG
As can be seen a symmetrical triangle has formed
Price has moved up out of the triangle while maintaining the lower ascending trendline
This is a good sign for a potential breakout
Very cheap BTG !!
BTG well go up if he still in the same price this advice just for holder because SL is so big we have good support in 74$ and break of down trend so can make price move more up to 120$
More than important ... amazing opportunity !!⚠️⚠️As we said before in a previous signal BTG to 3 digits soon ... just after 2 days it jumped the triple from $30 to reach $110 !! ( link below this post in the related ideas area)
congrats for the ones that bought on the signal 💰🤑
to whom are interested to get it in the coin, we can see that $1000 is still our first long term target within 2021, you still hadn't missed anything !
but wait a second, always remember to forget about buying with the market price and wait for the best entry ✅
so we recommend u to buy 50% between 105 - 110 and leave the other 50% if the price dropped (buy partially)
we can see right there on the chart, the first and second area to get the perfect entry there and just hodl and u will never regret it
I know BTG/USDT is not listed on binance, however it is listed in btc pair (BTG/BTC) so just get it in btc if u r a Binance user
BTG in three digits soon ... 2638% potential !!as we can see bitcoin gold is respecting the channel well as per the chart.
fundamentally bitcoin gold is a trusted investment for long term as it is completely undervalued
technically, we can see that the price was accumulating since 2018 and made a ATH for $814
so in this bull run we can see a new ATH easily within 2021 or 2022 ... patience is the key
buy whenever there is a sale n still under $90
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#BTGBTC #BITCOINGOLD #DAILYHi guys..its the latest analyze chart of #BTGBTC in daily time frame.if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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BTG NICE BUY ZONE In less than 12h frame indicators points strong reversal signals
short term long position would not be bad at current level
Bitcoin gold buy signalBitcoin gold idea
I believe the rounded top formed on the BTC pair is a fake and will break-out
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
BTG/BTC (Potential early breakout sign?: up to 50% profit)BTG/BTC
-Must break trendline resistance at 1160 sats
-Must hold above 50D MA
-New support is being established at 1060 sats
-Upside target is up to 1700 sats
-Stoploss below 1059 sats
BITCOIN GOLD Falling WedgeFalling wedge, included possible pathing within the wedge however this is hard to decipher so i just used a double curved line! TP is $50! IF you check out my last post I explain how ERC-20 tokens have much greater scalbility and will provide much greater returns. But if you are a bitcoin fan, this is for fun!
BTG - Bitcoin Gold Poised For Another Big JumpEntering here. Lots of potential on this trade. It may bounce between the triangle, but if it breaks out the price could fly!
Bitcoin Gold Descending ScallopBitcoin Gold has formed a descending scallop against the bitcoin pair. Descending scallops have been surprisingly successful in the cryptocurrency market, possible due to the large abundance of the pattern. This is a bullish reversal pattern. Blue box indicates buy zone on EMA line.
BTGUSD Inverse Heads & Shoulders Pattern Forming on DailyJust wanted to share an observation. Possible BTGUSD Inverse Heads and Shoulders bullish pattern forming on the daily chart.
This alone does not carry much weight however, if you look at the ETHUSD chart (refer to link below), the 50EMA is close to crossing the 100MA. Historically the crossing if these lines on the daily chart signals a possible long-term uptrend. Check the past history on ETHUSD daily with the 50EMA and 100MA for your own analysis.
Not financial advice. Only sharing an observation. Nothing is 100%, only trade what you can afford to lose and advisable to use only a small portion of your capital to trade each time with good risk management.
Tips. Read on if you are a newbie trader:
Margin Stop Loss - Always give more allowance for margin trading stop losses as there are quick spikes (sometimes called scam wicks) that can take you out (hit your stop loss) before moving back in the direction that you anticipated. Never place your stop loss too near the support area, if you are placing a long trade or never too near the resistance area if you are placing a short trade. You can study from past history based on major support areas and moving averages, by how many points (or %) does the movement move below the support area before recovering back up (study past history where there are good bounces from support areas / or rejections from resistance areas).
For example if the support area you determined to be at 155USD for ETHUSD, based on past history you noticed that it usually moves further down before reversing near these support areas, for example by USD$2-$2.5, then your stop loss can be placed at 152.50 instead of 154 or 155.
Also, if the stop loss you are going for for a long position is a round number like 150, I usually put it as 149.5 or 148.9. The same goes for taking profit.
If you are placing a take profit limit order, you can consider going for a price point that is slightly lower and not a round number. This is so that you avoid placing orders where many other traders will be at, as you might miss out and the price might reverse against you before it hits your take profit limit order.
Also once your trade is in a small but acceptable profit, always get your stop loss placed in profit. Especially when it has passed a good support or resistance area (example for a long trade order that has crossed a good support area now becomes support - move your stop loss to below that support area). For a long order, I would usually wait till a 2nd resistance area has been crossed, if my order is already in some profit then I will place a stop loss below the 1st support area (1st resistance turned support area). This is if you are the type of trader who wants to ride on a mid-term to long-term uptrend. This means you are willing to take that chance of either getting stopped out either in small loss or small profit in order to have the chance and possibility of riding on a longer term uptrend with much more profits in that trade.
You can always place small portion orders and add to those orders as your trade gets in profit while raising your profitable stop loss to ensure that you will not lose in that trade.
If possible try to never let a green profitable trade go back to red again.
This is just what I do sometimes and hopefully newbies will find this useful. Remember never to over-leverage or place high risk large trades or go all-in. Losing with good risk management makes your losses small and you live to fight another day!
Bullish Bitcoin GoldCurrently sitting near the bottom of the regression trend, a bullish break for this cryptocurrency would be massive, and a 50 PT is appropriate. Included fib extensions for reference, and also a EMA level for a possible breakdown. 0.82 regression uptrend.
BTG/BTC TA Update (Uptrend Continue?)BTG/BTC
BTG short-term must be over as the price broke the trend-line resistance,
if this candle closes bullish there is a chance it will move upward up to 1600 - 1800 sats regions
before it will decide to continue higher or come down retest previous swing low.
BTG/BTC TA Update (Do Not FOMO!)BTG/BTC
BTG has skyrocketed to the moon with over 300% pump on a single candle.
It pierced through 200D MA like it was nothing there but found its major resistance area from Jan - July 2019 trading activity.
We know when an asset pumps hard it will dump hard too, so be very careful and not to FOMO right now.
I have highlighted below two key areas where BTG could bounce up.