Cryptocurrency Bitcoin Gold forecast for October 15, 2018

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Cryptocurrency Bitcoin Gold forecast for October 15, 2018

Cryptocurrency Bitcoin Gold BTG/USD is trading at 25.00. 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 of 15 October 2018, is expected to test region signal lines Ichimoku Kinko Hyo near the level of 25.20, where we can expect attempt to rebound and continue to fall cryptocurrency BTG/USD with a potential target near the level 22.00.

Cryptocurrency Bitcoin Gold forecast for October 15, 2018

Additional signal in favor of declines in the digital currency BTG/USD will be the rebound from the resistance area and test of the lower border of the rising channel. Earlier it was obtained a weak signal for selling Bitcoin to the Gold, due to the intersection of the signal lines at the level of 27.50.

The cancellation option drop in prices of BTG/USD will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and close above 27.00. 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 level of 24.00.

Thus, the Cryptocurrency Bitcoin Gold forecast for October 15, 2018 implies an attempt of correction cryptocurrency and test the resistance level near 25.20, where we can expect further rate fall of Bitcoin Gold with a potential target near the level of 22.00, with a cancellation option of lowering the cryptocurrency will deliver strong growth and the breakdown region 27.00, which indicates continued growth of the digital asset.

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