Bitcoin Gold BTG/USD is trading at 173. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Gold. Ichimoku Kinko Hyo Cloud is expected to test near the 180 level, from which it is expected to attempt a rebound and continue the fall with the target close to 115.
Bitcoin Gold forecast and analysis for January 31, 2018
Earlier, a strong signal was received for sell of Bitcoin Gold cryptocurrency, due to the crossing of signal lines at level 185. The cancellation of the variant of the BTG/USD quotes drop will be the breakdown of the upper bound of the indicator Cloud and the closing above the level of 215, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations BTG/USD is with the breakdown of the lower limit of the model «Triangle» and closing below 160.
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