| Digital Currency

Become a contributor

Bookmark Econotimes

| Digital Currency

FxWirePro :GBP/AUD gains some ground but bias is still bearish

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

FxWirePro- Silver Daily Outlook

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

FxWirePro- Crude oil Daily Outlook

FxWirePro- BTCUSD Daily Outlook

Dovish CPI Inflation Boosts AI Coins--Is WienerAI The Top Crypto Pick?

FxWirePro-Crude Oil Daily Outlook

FxWirePro- Gold Daily Outlook

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro- Ethereum Daily Outlook

Giga Shiba Inu Whales Shift 3.5 Trillion SHIB, Boosting Market Activity

FxWirePro- ARUSD (Chart of the day)

FxWirePro- Major Pair levels and bias summary

FxWirePro :GBP/AUD moves lower as bearish sentiment grips

FxWirePro- LINKUSD (Chart of the day)

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

©Econometrics LLC . All Rights Reserved.

Crypto Technicals: BTG/USD hits 7-month lows at 10.115, 'Death Cross' keeps bias lower

Friday, September 6, 2019 9:42 AM UTC

BTG/USD chart - Trading View

Exchange - Bitfinex

Support: 9.10 (Dec 7th 2018 low); Resistance: 12.402 (21-EMA)

Technical Analysis: Bias Bearish

Bitcoin Gold is extending weakness for the 8th straight week, hits 7-month lows at 10.115.

BTG/USD was trading at 10.490 at 09:30 GMT, down 0.74% at the time of writing.

Momentum strongly bearish. Oscillators are at oversold levels, but no signs of reversal seen.

'Death Cross' keeps downside pressure, volatility is rising as indicated by the expanding Bollinger bands.

Minor recovery attempts remain capped at 5-DMA. Scope for further downside. Next major support lies at 9.10 (Dec 2018 low).

Bullish divergence and oversold oscillators keeps scope for upside. Break above 21-EMA (12.394) will confirm near-term upside.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

FxWirePro- Ethereum Daily Outlook

Gaza: what ceasefire negotiations tell us about how each side judges its progress in the war

Delays in western aid have put Ukraine in a perilous position

Gaza update: why neither ceasefire talks nor the Rafah offensive appear to be working

FxWirePro- Major Pair levels and bias summary

Out with the old: Blue- and white- collar job labels aren’t cutting it anymore

Cancer drug pollution is a growing global concern

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Crypto Technicals: BTG/USD hits 7-month lows at 10.115, 'Death Cross' keeps bias lower

Editor's Picks

Welcome to EconoTimes