Bitcoin Gold BTG/USD is trading at the level of 21.41. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin Gold. As part of the publication of the digital asset forecast, the Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 21.00, 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 26.00.
Bitcoin Gold forecast & analysis BTG/USD September 4, 2018
An additional signal in favor of the growth of quotations of the digital currency will be a rebound from the support area, as well as a test of the lower border of the bullish channel. Earlier, a weak signal was received for sell of the Bitcoin Gold cryptocurrency, due to crossing of the signal lines at the level of 22.10.
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 20.00, which will indicate a change in the bullish trend in favor of the bearish trend and the continuation of the fall. Expect the acceleration of the growth of quotations BTG/USD stands with the breakdown of the resistance area and the closing above the level of 23.50.
Bitcoin Gold forecast & analysis BTG/USD September 4, 2018 suggests an attempt at correction of the cryptocurrency and the support level test near 21.00, where we can expect the Bitcoin Gold rate to continue growing with the potential target near the level of 26.00, the abolition of the growth of the cryptocurrency will come down and the breakdown of the area at 20.00, which will indicate to continue the decline.
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