Bitcoin Gold BTG/USD is trading at 25.45. 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 for October 3, 2018, a test of the lower Ichimoku Kinko Hyo Cloud is expected near the level of 25.00, from which one can expect an attempt to rebound and continue to grow the BTG/USD cryptocurrency with a potential target near the level of 30.00.
Bitcoin Gold forecast & analysis BTG/USD October 3, 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 weak signal was received for sell of Bitcoin Gold cryptocurrency, due to the crossing of signal lines at the level of 27.00.
Cancellation of the growth option of BTG/USD quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud and close below 24.00. This option will indicate a change in the upward trend in favor of the downward trend and the continued fall in the crypto currency. Expect to accelerate the growth of BTG/USD quotes with the breakdown of the resistance area and closing above the level of 27.00.
Bitcoin Gold forecast & analysis BTG/USD October 3, 2018 involves an attempt to correct the cryptocurrency and the support level test near 25.00, from which we can expect the Bitcoin Gold rate to continue to grow with a potential target near the 30.00 level, the reduction and breakdown of the cryptocurrency rate will be 24.00, indicating that on the continuation of the fall of the digital asset.
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