BTG/USD chart - Trading View
Exchange - Bifinex
Support: 4.425 (Trendline); Resistance: 6.491 (5-DMA)
Technical Analysis: Bias Bearish
Bitcoin Gold (BTG) trades below 5-DMA, bias has turned bearish, scope for further weakness.
BTG/USD was trading 4.64% lower on the day at 6.175 at 07:25 GMT, after closing 0.80% higher in the previous session.
The pair has failed to hold break above 200H MA and has slipped lower to break below 5-DMA.
A potential 'Death Cross' (bearish 50-DMA crossover on 200-DMA) on the hourly charts raises scope for further downside.
Volatility is rising on the intraday charts and Stochs and RSI are biased lower.
Scope for test of trendline support at 4.425. Retrace above 5-DMA could see minor upside till 21-EMA (6.491).


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 



