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Weekly forecast Bitcoin Gold / Bitcoin technical chart
Symbol BTGBTC

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.001152 to 0.000941). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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)

DateOctober 11, 2021 - 19:40
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 0.001445 on 10/06/2021, so more losses to support(s) 0.001152 and 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 44.

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