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Crypto Technicals: BTG/USD breaks below 21-EMA, eyes 50-DMA at 14.88

Wednesday, April 24, 2019 12:37 PM UTC

BTG/USD chart - Trading View

Exchange - Bitfinex

Support: 14.88 (50-DMA); Resistance: 16.50 (21-EMA)

Technical Analysis: Bias Bearish

- BTG/USD slips below 21-EMA support, bias brearish

- The pair has failed to hold above 200-DMA

- Gravestone Doji formation at highs keeps scope for downside

- RSI has slipped below 50 levels and Stochastics RSI has approached oversold levels

- Close below 21-EMA raises scope for test of 50-DMA at 14.88

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

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Crypto Technicals: BTG/USD breaks below 21-EMA, eyes 50-DMA at 14.88

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