Bitget Token (BGB): Seeing Smaller Recovery and 14% Correction.BGB coin might form a similar pattern to what we have done previously, right after forming that big CME gap at a bullish trend. We are keeping our attention on all those zones we have described now, as there might be some good potential trades that can be taken.
More in-depth info is in the video—e
#BGB: Combining Fundamentals and Risk ManagementDescription:
Discover a comprehensive trading strategy for BGB (Bitget Token), designed to help you navigate the volatile crypto market with confidence. This idea focuses on a concentrated blend of fundamental analysis and essential risk management practices to optimize your trading decisions.
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BGB USDT💰 #BGB NYSE:BGB
BGB has broken out of the descending wedge and is showing signs of bullish strength after a positive retest 🧐
Now targeting a breakout through the Fibo Short Zone and continuation upward 📈
🎯1TP: $7.365
🎯2TP: $9.500
🎯3TP: $11.263
This setup suggests strong momentum for the next
#BGB: Capitalizing on Exchange Token UtilityDescription:
This trading idea focuses on BGB, the native token of the BitGet exchange, a fast-growing platform in the cryptocurrency ecosystem. BGB offers multiple utilities within the BitGet ecosystem, including trading fee discounts, staking rewards, and participation in exclusive token launches
BGB IdeaBGB Update 1h Timeframe
Market Structure
Overall structure has been bullish since the start of December following a Golden Crossover of the MAs'. Looking on the far left chart, price made a stopover at 4.9 and form a TLres with ma200 acting as dynamic support. Upon breakout of the TL, price rally
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.