BTGUSD (8h): And don't forget BitcoinGold! Breakout possible.Yes, the start of BitcoinGold was a bit bumpy, but time heals wounds. So let's look at the facts:
Fact 1: TA = looks good. Fact 2: The technology compared to Bitcoin and BitcoinCash...
Supply:
21 Million - all three
PoW algorithm:
BTG: Equihash | BTC: SHA256 | BCH: SHA256
Mining Hardware
BTG: GPU (for "everyone") | BTC: ASIC | BCH: ASIC
Block Interval
10 Minutes - all three
Block size
BTG: 1M | BTC: 1M | BCH: 8M
Difficulty adjustment
BTG: Every block | BTC: 2 Weeks | BCH: 2 Weeks
Segwit
BTG: yes | BTC: yes | BCH: no
Replay protection
BTG: yes | BTC: no | BCH: yes
Current price:
BTG: 245 USD | BTC: 16.550 USD | BCH: 2.550 USD
BTG Targets:
Possible steps 300 > 400 > 600 USD
Let's see what happens. Happy trading. :-)
BTGUSDT
BTG - Bitcoin Gold - Why you so shy???Being only 2 months old on Xmas Day, I think BTG is a little shy, Or is it a party animal that only celebrates in the new year????
When will we see the glimmer and lustre of GOLD???
Or is this fools Gold?
I remember when BCH was only worth $270 and people called it Bitcoin Trash, some still do but my bank account calls it Cash
btg will recover his powerThese are most of the possible supports and resistances that can be faced
Which can give a glimpse of btg price trend in the next few days
BTG- Bitcoin Gold - You cant start a fire without a saprkIs this gun for hire?
What will spark BTG, and will it be soon?
Time is the answer.
Sooner rather than later we hope.
Failur Swing BTGUSD Bitcoin GoldBITFINEX:BTGUSD
Time frame 60 minut ( 1 H )
Entry :262.5
Stop-loss : 240.00
Profit : 288.850
Profit 2 : 316.00
head and shoulders BTGUSD Bitcoin Gold Buy BTGUSD time-firme 30 minut
Entry :246.200
Profit :270.250
Stop-loss : 232.32
Bitcoin Gold is ready to MOON!!!After struggling from the start, Bitcoin Gold has gained traction and if what we see is the cup and handle pattern, then this golden boy is ready to take its leap to the moon.
Bitcoin Gold Buy OpportunityThe price bounces from the support zone. This zone is formed by the uptrend line, SMA100 and it can be a good starting point for a new upward movement. RSI confirms price reversal. MACD gives bullish signal. DMI allows opening long trades. Pending orders for buy can be placed at 290.00 level with stop at 257.00 level. Profit targets are 335.00 and 380.00 resistance levels. The part of trade volume can be left for long run.
BTG:USD - Buying opportunity at the end of an correctionSimilar as the linked related chart, but with an adjusted E wave projection. It looks like this aligns with the Dec 17 CME futures launch.
BTG/USD TRADE SETUP LONGIt doesnt get more simple than this, wether you like Bitcoin Gold or not, this trade setup is golden, especially in this current market.
Entry: $276
Target 1; $411, 49% Profit
Target 2; $471, 71% Profit
Bitcoin Gold Trading OpportunityThe price is going to bounce from the uptrend line and breaks the downtrend line. Probably we'll see further downward movement 240.00-255.00 levels. If the price breaks the 1st Resistance level, probably we'll see upward movement to 318.00 level. If the market drops below 240.00 support level, the next reversal zone will be at ~210.00 level. Profit targets are 310.00 and 360.00 and 400.00 levels.
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BTG Adam & Eve reversal - Fibb retracements & uptrending channelHello TradingView! Today we're looking at Bitcoin Gold - one of the coins I intend to hold longterm, for the reason of preventable ASIC mining & high trade volume, Bitcoing Gold could currently be seen as one of the better options for entry level crypto miners.
More importantly however, we're currently taking a look at a short-term investment opportunity on Bitcoin Gold, as I have noticed Adam & Eve reversal indicator which has triggered my analysis of BTG, which I have marked with purple freehand 'U V' lines @ the charts bottom (In the Red zone Fibonacci).
Notice also our sky blue trend line - which is critical to this forecast. When support was initially lost @ $240 for BTG we see the Adam & Eve quick smart, and immediately returns to it's uptrend channel. (Which I have left off for the sake of keeping this chart tidy & easy reading).
Take note of first Resistance level which we see around $260, once broken is our first 'buy indicator' of the BTG bull run. (I am already invested & bought in at approximately $245 at the most recent dip. Buying before a 'potential' breakout is indeed a risk (As it leaves plenty of room for retracement) but as I stated above I am looking to hold BTG long-term & would not be to hard pressed to be holding this investment a little longer than expected.
From here we're looking for our first target, $300USD in which I would drop approximately 30% of my holdings to ensure that I am able to profit or at the very leastbreak even on my investment. From here, a tight stop loss to your order is strongly recommended.
As for target two I'd be looking to lose another 30% JUST before the $320USD resistance for the sake of beating competition to the punch.
Target 3 I won't be listing a limit sell, due of the possibility of a breakout.
BTG/USDT about to come back from oversold conditionsBTG just hit a $223 support which has been consistent support for about 2 days. There is a clear resistance at 245 which BTG hasn't broken out of. RSI shows oversold conditions which should swing back to at least 55.
This should all happen within a few hours.
Bitcoin Gold, time to loveI'm so sorry because my english is not good so I can't describe my idea. :)))
BTGUSD $525? Elliot Wave AnalysisBullish Indicators:
-Strong support at 61.8% retracement level, bouncing off twice with it being higher RSI on the second test with 29 RSI first touch and 36 RSI second touch
-Solid entry point on stochastics; it is about to break the 20 level
-Trading at the bottom of RSI and stochastic support
-Bullish MACD divergence on 1h candles
Price Target 525 Stop Loss 250
Descending triangle correction with ABCDE filled out - I drew it another way as well with only 3 ABC's completed, so it may have 2 more ABC waves ahead before move up
I thought the correction looked like a flat at first but I decided against it considering it didn't retrace nearly as much as it should if it was one. Not only that, but the correction after wouldn't be a 5-wave.
Please leave any feedback in the comments and PM me if you have any questions, I can't reply to comments due to recent moderation action
BTG/USD - Long to 360$ABCD pattern and we are sitting on fibonacci 0.618. It have big chance to go back to the 360$(fibonacci 0.786). The 360$ also a ressist of the bearish trend.
Target : 355-360$