NickTsili
Panjang

BTG to continue its uptrend?

BITFINEX:BTGUSD   Bitcoin Gold / Dollar
BTG             did today a +50% from 160 to 260 US$. For the moment we observe a correction but the potential is enormous, if we remember that 10 days ago it reached 480 USD.
Will it continue its road to to the top?

I think that it is important to confirm first that the price :
1) stays between the "Support Line" and the "Resistance Line"
and
2) there is a sort a breakout over the blue line.

If these 2 conditions are met, it is probable that we will have an uptrend. If not, we must wait for some time.

By the way, for the moment RSI and Aroon seem to show a reversal to an uptrend.
Perdagangan aktif: Breakout successful! BTG trading at 258 USD!
Do not forget to add a trailing stop !!!!
Perdagangan aktif: BTG at 259 USD. If if breaks 260, we may have a party.
Perdagangan aktif: BTG at 276 USD!
Thanks man gonna be an intersting weekend. I have 10. I will get out at low four figures. Presuming we may not get there anytime soon. But if btc has a bad weekend who knows ;-)
Balas
thanks for you opinions, much appreicated. Now lets have a party...
Balas
@pitchup, I know that you are writing that ironically, but you are always welcome.
We had an uptrend right after the crossing of the blue line, but this uptrend did not last. I hope you added a trailing stop and won some money. If you didn't, I dont think that you lost anything. When I posted this idea the price was at 234, now it is at 233.8 (Switzerland, 19:50 Wednesday, 22 November 2017 - CET).

When I posted about Bitcoin in July 2017, somebody wrote to me in the comments "Don't you think this is denial ? "
Man, I hope that this time YOU are right.

Balas
pitchup NickTsili
@NickTsili, actually no. I wasn't writing ironically, I was hoping for a party :) And no, I didn't lose much considering I'm usually late to parties :)
+1 Balas
@pitchup, I am really sorry man, but I totally misinterpreted what you wrote...
;)
Balas
@pitchup, I think the party started some hours ago. But to confirm, we must see a significant fall of bitcoin.
Balas
you were right on dude! I just saw BTG/BTC trading at almost $500 USD on Binance.(,No Binance won't accept BTG deposits). What do you think is the cause of the inflated price on Binance? Do you think that this ATH will translate to the other exchanges too?
Balas
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