Bitcoin Gold BTG/USD is trading at 27.14. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Bitcoin Gold forecast & analysis BTG/USD October 19, 2018, the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 27.00, from which one can expect an attempt to rebound and continue to grow BTG/USD cryptocurrency with a potential target near the level of 30.00.
Bitcoin Gold forecast & analysis BTG/USD October 19, 2018
An additional signal in favor of the growth of BTG/USD digital currency quotes will be a rebound from the support area. Earlier, a strong signal was received for buy of Bitcoin Gold, due to the crossing of signal lines at the level of 27.05.
Cancellation of the growth option of BTG/USD quotes will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and close below the level of 24.50. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. Expect to accelerate the growth of quotations BTG/USD stands with the breakdown of the upper boundary of the downward channel and closing above the level of 29.00.
Bitcoin Gold forecast & analysis BTG/USD October 19, 2018 involves an attempt to correct cryptocurrency and test support levels near 27.00, from which we can expect Bitcoin Gold to continue to grow with a potential target near 30.00, a fall in the cryptocurrency growth option and a breakdown of 24.50, indicating that on the continued decline of the digital asset.