Bitcoin Gold BTG/USD is trading at 25.50. The cryptocurrency is traded inside the Ichimoku Kinko Hyo Cloud, which indicates a side trend. As part of the publication of the Bitcoin Gold forecast October 4, 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 28.00.
Bitcoin Gold forecast & analysis BTG/USD October 4, 2018
An additional signal in favor of the growth of digital currency BTG/USD quotes will be a rebound from the support area. 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 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 BTG/USD quotes with the breakdown of the upper boundary of the «Wedge» model and closing above the level of 26.50.
Bitcoin Gold forecast & analysis BTG/USD October 4, 2018 involves an attempt to correct 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 28.00, a reduction and a breakdown of the cryptocurrency growth rate of 24.50 will appear, indicating on the continuation of the fall of the digital asset.
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