Bitcoin Gold (BTG) formed bullish Gartley for upto 61% rally

Bitcoin Gold (BTG) formed bullish Gartley for upto 61% rally

By moon333 | moon333 | 23 Apr 2021


Hi dear friends, hope you are well and welcome to the new update on Bitcoin Gold ( BTG ) coin.

On the hourly time frame chart, the price action has formed the final leg of bullish Gartley pattern.

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https://www.tradingview.com/chart/BTGUSDT/Uz6LmO96-Bitcoin-Gold-BTG-formed-bullish-Gartley-for-upto-61-rally/ 

 

Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $104.86 to $89.90

Sell between: $116.64 to $144.92

Stop loss:
The maximum extent of potential reversal zone to $89.90 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 61% and the loss possibility is 15%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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