BTG/USD chart - Trading View
Exchange - Bitfinex
Technical Analysis: Bias Bullish
GMMA Indicator: Major Trend - Bullish; Minor Trend - Bullish
Overbought/ Oversold Index: Highly overbought
Volatility: High
Support: 11.438 (200-DMA); Resistance: 14.902 (38.2% Fib)
BTG/USD was trading 10.75% lower on the day at 12.782 at around 06:20 GMT, after closing 25.54% higher in the previous session.
The pair has paused gains shy of 38.2% Fib at 14.902, bias remains bullish.
Technical indicators are strongly bullish. Major and minor trend have turned bullish as evidenced by GMMA.
Price action has edged above the upper Bollinger band and oscillators are at overbought, raising scope for correction.
That said, pullback in price has held above 200-DMA (11.438), weakness only on retrace below. Break below 200-DMA could see dip till 110-EMA at 7.985.
On the otherside, resumption of upside momentum will see next major hurdle at 55W EMA at 20.907 ahead of 61.8% Fib at 21.638.


Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone
FxWirePro- Major European Indices
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro: GBP/USD recovers but bears are not done yet again
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150 



