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BTG to recover?
BTG just got out of a descending triangle, however, we did not see the needed breakout yet.
Now, it is still testing the support area and is in another triangle, the current price is more than 91% dropped comparing to the ATH. I expect it will bounce back from this support area (lower yellow box).
MACD also shows the divergence.
Buy: 42 - 30
Take profit:
TP1: 81.3
TP2: 109.3
TP3: 136.8
Stoploss under 27
*Just my thought, mind your own trade*
Now, it is still testing the support area and is in another triangle, the current price is more than 91% dropped comparing to the ATH. I expect it will bounce back from this support area (lower yellow box).
MACD also shows the divergence.
Buy: 42 - 30
Take profit:
TP1: 81.3
TP2: 109.3
TP3: 136.8
Stoploss under 27
*Just my thought, mind your own trade*
Note
Good things coming, EMA 50 crosses above EMA 100 on 4H chart.Heading to our 1st TP with nearly 100% profit ^^
Trade fermée: cible de profit atteinte
TP 1 reached. 100% profitHeading to TP 2
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.