Bitcoin Gold impulsing toward breakout?!
I’ve been watching bitcoin gold setup in a bullish ascending triangle for some time. After an initial pop, it began a long ABCDE correction. A large retracement like this is expected after an extended fifth wave (shown in the chart). The target for the current wave is measured using the height of the base of the triangle placed on the resistance line. This is also shown on the chart. I’m expecting a bit of a slowdown at the resistance line but expecting that this move will confirm a breakout from the triangle. I’ll keep posted if/when breakout confirms. 
Please remember that this is not intended to be financial advice, these are my opinions and thoughts only.
It does look like you could be right. I've felt like something will happen to BTG for a while, but I don't know if it'll go up like Bitcoin Cash or die out and go down to almost nothing. Honestly in the long run I don't have high hopes for Bitcoin Gold, but people seem to value it and I guess that's the only thing that matters in pricing cryptos at the moment.
I agree that btg is very controversial but that can be said about a lot of these coins. Right now, Blockchain currencies are red hot, so is the bitcoin name- this (along with the low price tag) could be some reasons bitcoin gold will have a good run. But when it comes to setups, my focus isn’t on the fundamentals, just the technicals of the charts. Ripple has a similar sentiment and put in almost the exact same pattern as btg before finally exploding from $.22 to almost $4 on some exchanges. The sentiment shows in the charts - and in this case it’s showing very bullish.
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