Cryptocurrency Bitcoin Gold forecast for September 12, 2018

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Cryptocurrency Bitcoin Gold forecast for September 12, 2018

Cryptocurrency Bitcoin Gold BTG/USD is trading at 18.96. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud, indicating a downward trend. In line with the publication of the us dollar Bitcoin Gold 12 September 2018, is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the 20.00 level, where we can expect attempt to rebound and continue to decline cryptocurrency BTG/USD with a potential target near the 16.00 level.

Cryptocurrency Bitcoin Gold forecast for September 12, 2018

Additional signal in favor of falling prices of the digital currency will be the rebound from the resistance area and also test the upper boundary of the model “Triangle”. Earlier it was obtained a weak signal for purchases of Bitcoin Gold, due to the intersection of the signal lines at the level of 19.00.

The cancellation of the option declines BTG/USD will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and closing above the level of 21.50. This option will point to a change in the downward trend in favor of a rising trend and continued growth of the cryptocurrency. Expected to accelerate the drop in prices of BTG/USD is a breakout of the lower boundary of the model “Triangle” and close below the 18.00 level.

Thus, the Cryptocurrency Bitcoin Gold forecast for September 12, 2018 implies an attempt of correction cryptocurrency and test of resistance near 20.00, where we can expect a further decline in Bitcoin Gold with a potential target near the level of 16.00, with a cancellation option fall cryptocurrency will deliver strong growth and the breakdown region 21.50, which indicates continued growth of the digital asset.

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