BTGUSD Next Short Set-Up from Here

BTGUSD Next Short Set-Up from Here
The wider spread compared to BCHUSD has seen
volume shrink away on this pair and swell on BCH.
But it's still a good shorting vehicle nevertheless. It halved
from 26 to 13 in a matter of days for example.
"No coin is ever too low to sell" - to update a W D Gann quote
for the 21st century.
The downtrend is still strong here and the last 3 rallies have
all failed at the upper dynamic. BTG remains vulnerable
whilst trapped below this dominant line. Once 17.5 breaks it
should fall away to the 13.2-12.1 range. And once 12 breaks
the next obvious downside target becomes 6.5-6.0
Will follow Bitcoin around as usual, just moves faster.
Not ready to short again yet but worth setting an alert for
maybe.
The wider spread compared to BCHUSD has seen
volume shrink away on this pair and swell on BCH.
But it's still a good shorting vehicle nevertheless. It halved
from 26 to 13 in a matter of days for example.
"No coin is ever too low to sell" - to update a W D Gann quote
for the 21st century.
The downtrend is still strong here and the last 3 rallies have
all failed at the upper dynamic. BTG remains vulnerable
whilst trapped below this dominant line. Once 17.5 breaks it
should fall away to the 13.2-12.1 range. And once 12 breaks
the next obvious downside target becomes 6.5-6.0
Will follow Bitcoin around as usual, just moves faster.
Not ready to short again yet but worth setting an alert for
maybe.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。