Bitcoin Gold BTG/USD is trading at 16.41 and continues to move as part of the correction and the formation of the «Triangle» model. BTG /USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend. As part of the publication of the forecast course Bitcoin Gold on April 6, 2019. The test of the lower border of the Ichimoku Kinko Hyo Cloud is expected near the level of 15.55. Where should we expect an attempt to rebound and continue to grow the BTG/USD cryptocurrency with a potential target near the level of 19.00.
Bitcoin Gold Forecast and analysis BTG/USD April 6, 2019
An additional signal in favor of the growth of BTG/USD digital currency quotes will be a rebound from the support area. The second signal will be the test of the lower boundary of the «Triangle» model. Earlier, a weak signal was received for SELL the Bitcoin Gold cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 16.40. The nearest resistance area is at 18.05. The area of support for BTG/USD is at 15.10.
Cancellation of the growth option of BTG/USD quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud and closure below 14.75. 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 17.45.
Bitcoin Gold Forecast and analysis BTG/USD April 6, 2019 involves an attempt to correct the cryptocurrency and test the support area near 15.55. Where can we expect to continue the growth rate of Bitcoin Gold with a potential goal near the level of 19.00. Cancellation of the option of raising the cryptocurrency will fall and the breakdown of the 14.75 area. This will indicate a continued decline in the digital asset with a potential target of 12.55.