BTG/USD chart - Trading View
Exchange - Bitfinex
Support: 8.307 (21-EMA); Resistance: 8.984 (55-EMA)
Technical Analysis: Bias turning slightly bearish
Bitcoin Gold has been rejected at 55-EMA resistance, scope for weakness below 21-EMA.
The pair has been extending sideways trade since September 25th and has likely bottomed out at 4.00 mark.
However, 55-EMA is offering stiff resistance. Breakout required for further upside.
Technical indicators have turned slightly bearish. RSI has turned and Stochs have rolled over from overbought levels.
21-EMA is immediate support at 8.307. Break below will see further weakness. Dip till lower Bollinger band at 7.202 likely.
That said, 'Bullish Divergence' will limit downside. Also, there is a gradual shift in bias and breakout at 55-EMA will aid upside.


FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR bears maintain upper hand 



