Bitcoin Gold (BTG) Update: Could the Correction be Complete? Find out in this analysis!

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·@haejin·
0.000 HBD
Bitcoin Gold (BTG) Update: Could the Correction be Complete? Find out in this analysis!
<center>![](![](https://steemitimages.com/DQmQaV9FtbYvQBDpQ5aQSRijsLQvGn8vukB2p6UgbY1Vpgz/image.png))</center>
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**SUMMARY**

Bitcoin Gold (BTG) has likely put in a full and complete a,b,c correction. Notice how price touched and is now bouncing off the blue horizontal line which is the same lien of a prior asecnding right triangle. Many Technical Analysts forget about the horizontal supports and resistances. If the a,b,c is complete, then we can expect an impulse up towards $489 or an All Time New Highs!

![](https://steemitimages.com/DQmU44XK2yojydNMkQsgdmQPfWAxL9p4QijmgdAP5gj2j1j/image.png)

BTG/BTC pair is clearly laggin, as expected. But, if BTG/USD is a leading indicator; big things are expected to happen for BTG/BTC. But, it first must complete the a,b,c correction as shown and that would be confirmed by and impulse set of five waves up.
![](https://steemitimages.com/DQmPrc3yYZre5PKkwqfNJmRnjZ2wkybmzCv376nFNNjhCQh/image.png)






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[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
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[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
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[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

Follow me on [Twitter](https://twitter.com/Haejin_Crypto) for Real Time Alerts!!
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