Bitcoin Gold BTG/USD is trading at 30.67. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Bitcoin Gold forecast & analysis BTG/USD November 5, 2018, a test of the area of Ichimoku Kinko Hyo signal lines is expected near the 29.00 level. Where can we expect an attempt to rebound and continue to grow the BTG/USD cryptocurrency with a potential target near the level of 33.50.
Bitcoin Gold forecast & analysis BTG/USD November 5, 2018
An additional signal in favor of the growth of BTG/USD digital currency quotes will be a rebound from the support area, as well as a test of the lower boundary of the upward channel. Earlier, a weak signal was received for BUY the Bitcoin Gold cryptocurrency, due to the intersection of signal lines at the level of 26.70.
Cancellation of the growth option of BTG/USD quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud and close below 26.00. 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 resistance area and closing above the level of 31.50.
Bitcoin Gold forecast & analysis BTG/USD November 5, 2018 involves an attempt to correct the cryptocurrency and the support area test near 29.00, from where we can expect Bitcoin Gold to continue to grow with a potential target near the level of 33.50. Cancellation of the growth option of cryptocurrency will fall and the breakdown of the area of 26.00, which indicates a continued decline in the digital asset.