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Ed-Holmes

BTG Next leg up or sharp correction?

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BITFINEX:BTGUSD   None
Trend Analysis Chart Patterns Wave Analysis BTG BTGUSD bitcoingold
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trendanalysis chartpattern waveanalysis btg btgusd bitcoingold
We are currently at a crucial point in BTG. The correction from the $477 high may have completed at $150 or we are seeing a sharp ZIG ZAG correction unfolding that should terminate at the $420 zone and head back down.
Pushing to a new high would of course void this outlook and we can consider higher prices to come as we head into Primary 3

snapshot
Komen:
Forgot to add in the Fibs for (C)

A break to a new high would of course mean the next leg up started at the $150 low. A early target would then be for the $780 zone ( 1 x 1.618 )
snapshot
Penafian

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