Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Crypto Technicals: BTG/USD set to resume upside, correction halts at daily cloud

BTG/USD chart - Trading View 

Exchange - Bitfinex

Support: 27.46 (21-EMA); Resistance: 32.54 (June 26 high)

Technical Analysis: Bias turning bullish 

BTG/USD spikes higher, extends gains above 21-EMA.

The pair was trading at 28.789, up 3.64% at around 13:15 GMT.

Price action has broken above 20-DMA and turn in 5-DMA to see continuation of upside momentum.

Major trend has been bullish and correction has found strong support at daily cloud and 55-EMA.

ADX is rising with positive DMI dominance and MACD is on verge of a bullish crossover on signal line.

RSI is biased higher and Stochs are on verge of rollover from oversold levels.

21-EMA is immediate support at 27.46. Break below 55-EMA support will see further weakness.

Scope for test of fresh 2019 highs above 32.54. Next major resistance lies at 55W EMA at 40.636.

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

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 829897829897m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 829897829897m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 818077818077m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.