Bitcoin Gold BTG/USD is trading at 83. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Gold. Ichimoku Kinko Hyo signal line area test is near the level of 90, from which it is expected to attempt a rebound and continue the fall with a target near 65. Earlier, a strong signal was received for sell of Bitcoin Gold cryptocurrency, due to the crossing of signal lines at level 185.
Bitcoin Gold forecast & analysis on March 11, 2018
The cancellation of the variant of BTG/USD quotes drop will be the breakdown of the upper bound of the Cloud of the indicator and the closing above the level of 100, 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 70.
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