Short
BTG consolidation on low level
The hardfork BTG has had a short but dynamic rush to its ATH at 478$.
But since the negative movement of the whole coinmarket it lost its positive trend up to today.
It has reached a very low level (78$) - what can be considered as actual bottom line of a descending triangle.
Compared to other movements in the past one should be very careful. It is not for sure, that BTG can regain strength and break up.
This analysis will be invalid in the case BTG climbs above the trend line (dotted) and reaches the last support (now resistance).
Indicators:
RSI: weak but not oversold; there is enough space for a new downfall
ADX: momentum rising but with negative DI
Volume: low (below medium)
BB: widening to bottom
buy: >108$ with aim 118$; > 118$ with aim 158$
stop: < 71$ (fib retracement 100% downgoing fib)
conclusion: no invest at the moment; HODLER´s be careful!
But since the negative movement of the whole coinmarket it lost its positive trend up to today.
It has reached a very low level (78$) - what can be considered as actual bottom line of a descending triangle.
Compared to other movements in the past one should be very careful. It is not for sure, that BTG can regain strength and break up.
This analysis will be invalid in the case BTG climbs above the trend line (dotted) and reaches the last support (now resistance).
Indicators:
RSI: weak but not oversold; there is enough space for a new downfall
ADX: momentum rising but with negative DI
Volume: low (below medium)
BB: widening to bottom
buy: >108$ with aim 118$; > 118$ with aim 158$
stop: < 71$ (fib retracement 100% downgoing fib)
conclusion: no invest at the moment; HODLER´s be careful!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.