BTG has reached heavy support and has one option - UP. Main factors:
Strong resistance on the top of the tunnel (previous one) Bitcoin 4 day bullish run is at the end Segwitx2 waiting is over today or tomorrow Initial Sell OFF is done Big focus - the public is still interested in the coin as it comes from hard fork split with Bitcoin
Purchase area - 150-170 $ Stop loss 140 $ Target 1 290$ Target 2 490$
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We can have a correction to about 185$ before new bull run!
we have to break through a ton of reasistence before we can start trending higher
SlaviToskov
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@Blorenz, True, but it has reached a solid bottom...... till now at least.
ShitfireThickburger
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Got mine at $138 on hitBTC, but dammit that exchange is crippled by dumdums in the trollbox, the prices are $40 less than on bitfinex.
SlaviToskov
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@NSPhoto, how is the network, did you manage to do arbitrage trading
ShitfireThickburger
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The network is fine, but I didn't get a chance to do any trading yet. I'm not really in sync with BTG yet, so I'm going to hold. That's why I'm here checking out ideas. I'm also keeping a close eye on Ethereum at the moment. I need to start planning incase it decides to kiss the sky soon.
AzeemMajeed
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I bought in at $215... Expecting a pump and dump similar to Bitcoin cash?