Bitcoin Gold BTG/USD is trading at the level of 26.24. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend. As part of the publication of the Bitcoin Gold forecast & analysis BTG/USD October 1, 2018, the Ichimoku Kinko Hyo signal line area test is expected near the level of 25.00, from which it is expected to attempt a rebound and continue the growth of the BTG/USD cryptocurrency with a potential target near the level of 30.00.
Bitcoin Gold forecast & analysis BTG/USD October 1, 2018
An additional signal in favor of the growth of quotations of the digital currency BTG/USD will come a rebound from the support area, as well as a test of the lower border of the rising channel. Earlier, a strong signal was received for the buy of Bitcoin Gold cryptocurrency, due to the crossing of the signal lines at 23.00.
The cancellation of the growth of BTG/USD quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing below the level of 22.00. This option will indicate a change in the upward trend in favor of the downward trend and the continued fall in the cryptocurrency. Expect to accelerate the growth of quotations BTG/USD is with a breakdown of the resistance area and closing above the level of 28.00.
Bitcoin Gold forecast & analysis BTG/USD October 1, 2018 suggests an attempt at correction of the cryptocurrency and the support level test near 25.00, where we can expect the Bitcoin Gold rate to continue growing with a potential target near the level of 30.00, the abolition of the growth of the cryptocurrency will come down and the breakdown of the area at 22.00, which will indicate on the continuation of the fall of the digital asset.
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