This flat breakout is something you see in crypto when btc is at uncertainty point " or bottoming from a huge downtrend " .. i would stick to the analysis and call this a breakout followed after volume and could be a bullish setup along with btc .. btg has been undervalued ever since forked that's long time past now .. by far poor coin forked prior to a big correction waves " bear market " .. but according to the fundamentals here and at btc along with the TA i believe BTG price is going to behave in parallel with bitcoin .. what i need to see here is a closed daily candle after this red downtrend line to double confirm the bullish setup .. these prices we are having are very good for accumulating more BTG .. for me i'm holding some since 300 and accumulating along the way down " that's not a very good plan for a lot of people " but i like this coin very much specially now when it declined its volatility .. P.S. Remember Remember whenever btc start the bull season put this coin at your watch list and keep a close eye .. this could be a 10x coin very easily and much of a better opportunity than even most of the top alts .. remember this coin had never get the chance yet ! and its team working very good and its almost at every exchange and wallets ..
another zoomed out look
Catatan
more of a zoomed out
Catatan
this is what i call i "a stop bleeding whale has entered " which also identified as a " buy wall activated " which few will assume that's a fake pump or price manipulation or bull trap but i say that we have just finished our first small bullish step " full small market cycle holding a 88% retrace and bounced " after a breaking out this is the beginning of bullish setup, it means a lot actually eventually we are going to see progressing in price movement or in other words we are no longer falling with no reason
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.