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.


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 



