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Weekly forecast Bitcoin Gold / Bitcoin technical chart
Symbol BTGBTC

Trading suggestion:

Price is in the Trend Hunter Buy Zone (0.001152 to 0.000941).

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.001152)
  • Ending of entry zone (0.000941)

DateNovember 21, 2021 - 20:30
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.000941, beginning of uptrend is expected.
  • We make sure when the resistance at 0.001743 breaks.
  • If the support at 0.000941 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.001120 on 10/27/2021, so more losses minimum to Major Support (0.000941) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 40.

Take Profits:

  1. 0.001617
  2. 0.001743
  3. 0.001913
  4. 0.002240
  5. 0.002602
  6. 0.003049
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin Gold / Bitcoin (BTGBTC) Wed, 2 Aug 2023
Bitcoin Gold / Bitcoin (BTGBTC) Wed, 28 Jun 2023
Bitcoin Gold / Bitcoin (BTGBTC) Wed, 21 Jun 2023
Bitcoin Gold / Bitcoin (BTGBTC) Tue, 6 Jun 2023
Bitcoin Gold / Bitcoin (BTGBTC) Tue, 30 May 2023