Bitcoin Gold BTG/USD is trading at 26.99. Cryptocurrency is trading above Ichimoku Kinko Hyo Cloud, which indicates a side trend. As part of the publication of the Bitcoin Gold forecast for October 6, 2018, a test of the lower Ichimoku Kinko Hyo Cloud border is expected near the level of 26.50, 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 6, 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 closure below the level of 25.00. 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 limit of the model «Triangle» and closing above the level of 28.50.
Bitcoin Gold forecast & analysis BTG/USD October 6, 2018 involves an attempt to correct the cryptocurrency and test support level near 26.50, 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 will be expected to show 25.00, indicating that on the continuation of the fall of the digital asset.
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