BTGUSDT trade ideas
BTG On Fire: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
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Bitcoin GoldThe Bitcoin Gold (BTG) project has been somewhat underrated and continues to receive support from crypto miners. The prolonged accumulation can be attributed to software shortcomings. Despite these challenges, it remains a remarkable Bitcoin fork.
Multiple Wolfe Waves on BTGUSDT long BTGUSDT
Targets are mentioned
SL mentioned
its a long investment type / be sure the you ll br patience and strong , you will get benefits ISA as long as its above the line and inside the UP side channel,
recommended to be within an UP channel and not break it out ..
any breaking is a weak signals .. you might notice it
multiple WolfeWaves on BTGUSDTlong BTGUSDT
Targets are mentioned
SL mentioned
its a long investment type / be sure the you ll br patience and strong , you will get benefits ISA as long as its above the line and inside the UP side channel,
recommended to be within an UP channel and not break it out ..
any breaking is a weak signals .. you might notice it
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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Hidden Bullish Divergence On BTG 45min I know this is a poop coin to many but I have been watching BTG in 2020 and will continue to do so. Very nice retracement that has stabilized, accumulated and broke out in early 2020. Hidden bullish divergence on 45 min chart showing short term potential break out. Will need to make a higher high. Despite any opinions for or against BTG the facts are it is a halving year and the speculators will come in my opinion.
What do you think?
Not investment advice.
BTG looks delicious
Support EMA20 and EMA50 for the uptrend.
Price is going strong rightnow
RSI formed an uptrend trendline.
Take profits 29.1 - 32.7
RR = 1.67 - 4.95
BTG is showing signs of breaking resistance
The $ 29 resistance level is likely to be broken
Price is also in the rising channel
Target: 100% fibonacci or upper channel
