Bitcoin Gold BTG/USD is traded at the level of 120. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Gold. The test area of Ichimoku Kinko Hyo signal lines near level 130 is expected, from which it is expected to attempt a rebound and continue falling with a target near 60.
Bitcoin Gold forecast and analysis February 5, 2018
Earlier, a strong signal was received for sell of Bitcoin Gold cryptocurrency, due to the crossing of signal lines at 185 level. The cancellation of the variant of the BTG/USD quotes fall will be the breakdown of the upper bound of the Cloud of the indicator and the closing above the level of 155, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BTG/USD stands with the breakdown of the support level and closing below 100.
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