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Crypto Technicals: BTG/USD retraces dip below 200-DMA, bias higher

BTG/USD chart - Trading View 

Exchange - Bifinex

Support: 16.86 (200-DMA); Resistance: 17.61 (38.2% Fib)

Technical Analysis: Bias Neutral to Slightly Bullish

- BTG/USD has paused three straight sessions of downside at 21-EMA support
- The pair is trading 2.4% higher on the day at 17.20 at 1145 GMT, bias higher
- Price has retraced dip below 200-DMA and we see weakness only on decisive break below
- RSI is holding above 50 levels and price action is above major EMAs
- GMMA indicator has shown a shift in near-term trend, short-term moving averages have edged above long-term moving averages.
- Price action hovers around 5-DMA at 17.22, break above targets 38.2% Fib at 17.61 and then trendline resistance at 19.35

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

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July 2 15:00 UTC Released

DKCurrency Reserves

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449.6 Stale

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451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

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50 %

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48.6 %

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2016 bln ARS

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January 22 19:00 UTC 826909826909m

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-1541 %

January 31 00:00 UTC 815089815089m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 826909826909m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 815089815089m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815089815089m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815089815089m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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