Bitcoin Gold is trading at 18.98 and continues to move in the framework of strong growth. 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 7, 2019. The test of the Ichimoku Kinko Hyo signal line region is expected near the level of 17.95. Where can we expect an attempt to rebound and continue to grow the BTG/USD cryptocurrency with a potential target near the level of 22.45.
Bitcoin Gold Forecast and analysis BTG/USD April 7, 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 ascending channel. 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 21.05. The area of support for BTG/USD is located at 17.80.
Cancellation of the growth option of BTG/USD quotes will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and close below 14.95. 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 area of resistance and closing above the level of 21.35.
Bitcoin Gold Forecast and analysis BTG/USD April 7, 2019 involves an attempt to correct the cryptocurrency and test the support area near 17.95. Where can we expect to continue the growth rate of Bitcoin Gold with a potential goal near the level of 22.45. Cancellation of the option of raising the cryptocurrency will fall and the breakdown of the 14.95 area. This will indicate a continued decline in the digital asset with a potential target of 12.55.