Bitcoin Gold BTG/USD is trading at 27.02. 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 October 22, 2018, a test of the lower Ichimoku Kinko Hyo Cloud border is expected near the level of 26.70, from which one can expect an attempt to rebound and continue to grow the BTG/USD cryptocurrency with a potential target near the level of 30.00
An additional signal in favor of the growth of digital currency BTG/USD quotes will be a rebound from the support area. Earlier, a signal of average strength for buy of Bitcoin Gold cryptocurrency was received, due to the crossing of signal lines at 27.00.
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 quotations BTG/USD stands with the breakdown of the upper boundary of the downward channel and closing above the level of 28.50.
Bitcoin Gold forecast & analysis BTG/USD October 22, 2018 involves an attempt to correct cryptocurrency and test support levels near 26.70, from where we can expect Bitcoin Gold to continue to grow with a potential target near 30.00, a fall in the option of cryptocurrency growth and a breakdown of 26.00, indicating that on the continued decline of the digital asset.
