The Gold Bitcoin forecast for August 27, 2018

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The Gold Bitcoin forecast for August 27, 2018

Cryptocurrency Bitcoin Gold BTG/USD is trading at 19.52. Cryptocurrency trading above the upper boundary of the Clouds Ichimoku Kinko Hyo, which indicates that the rising trend in Bitcoin Gold. In line with the publication of the forecast of a digital asset, it is expected to test the upper border of the Ichimoku Kinko Hyo Cloud near the level of 19.00, where we can expect attempt to rebound and continue growth of the cryptocurrency BTG/USD with a potential target near the level of 24.00.

The Gold Bitcoin forecast for August 27, 2018

An additional signal in favour of growth of quotations of the digital currency will be a bounce from support area and test the upper boundary of the model “Triangle”. Was previously received signal average strength for shopping Bitcoin Gold, due to the intersection of the signal lines at the level of 19.50.

Cancellation option growth of quotations BTG/USD will breakout of the lower border of the Ichimoku Kinko Hyo Cloud and close below the level of 17.00, which indicates the change of the upward trend in favor of the downward trend and continued falling. Expect acceleration of growth of quotations BTG/USD is a breakout of the resistance area and closing above the level of 21.50.

Thus, the Gold Bitcoin forecast for August 27 2018 is an attempt of correction cryptocurrency and test the support level near 19.00, where we can expect continued growth of the Bitcoin Gold with a potential target near the level of 24.00, with a cancellation option growth of cryptocurrencies will be the drop and the breakdown region 17.00, which indicates continued decline.

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