Bitcoin Gold BTG/USD is completing the trading week near the area of 185. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Gold. On the current trading week, the Ichimoku Kinko Hyo signal line area is expected to test near 200, from which it is expected to attempt a rebound and continue to develop a bearish trend with a target below the level of 100.
Bitcoin Gold (BTG/USD) forecast January 29 — February 2, 2018
Earlier, a medium strength signal was obtained for sell of Bitcoin Gold cryptocurrency, by crossing signal lines at the level 250. The cancellation of the variant of the BTG/USD quotes drop will be the breakdown of the upper boundary of the Indicator Cloud and the closing above the level of 290, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations is with the breakdown of level 160.
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