BTGUSD Back in buy zone at 306-300
Longs should have closed out at the 320 target and now BTG is back
in the buy zone at 306-300 range -it can potentially spike down to the
lower parallel at worst before the rally resumes.
Look to accumulate on weakness with stops placed below the parallel or
can try at 306 with very tight stop at 303 for small loss if wrong from
here - or place orders in market at 300 down to 294 range and they might
get struck. All stops must be either very close if going long here
(it's speccy with 3 downside and 14 upside to 320/upper parallel spike
at highest) or under the parallel if going fishing at lower prices.
So long as Bitcoin holds up at 11200 BTG should be fine too.
Close both if this level is broken, though.
Longs should have closed out at the 320 target and now BTG is back
in the buy zone at 306-300 range -it can potentially spike down to the
lower parallel at worst before the rally resumes.
Look to accumulate on weakness with stops placed below the parallel or
can try at 306 with very tight stop at 303 for small loss if wrong from
here - or place orders in market at 300 down to 294 range and they might
get struck. All stops must be either very close if going long here
(it's speccy with 3 downside and 14 upside to 320/upper parallel spike
at highest) or under the parallel if going fishing at lower prices.
So long as Bitcoin holds up at 11200 BTG should be fine too.
Close both if this level is broken, though.