• Sat, 24 Aug 2019, 09:11 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: BTG/USD upside pauses shy of 61.8% Fib, extends consolidation above 1H 110-EMA

Mon, 13 May 2019, 11:13 am UTC

BTG/USD chart - Trading View

Exchange - Binance

Support: 19.15 (21-EMA); Resistance: 25.74 (61.8% Fib)

Technical Analysis: Bias Bullish

BTG/USD retraces from above 25 hit on May 12th, bias still bullish.

The pair has paused upside shy of 61.8% Fib, 'Inverted Hammer' formation raises scope for weakness.

Price action has been grinding lower along with falling 1H 21-EMA which is capping upside.

The pair is consolidating above 1H 110-EMA, break below will see dip till 20.48 (1H 200 SMA).

Momentum with the bulls. 'Golden Cross' on the daily charts keep scope for upside.

Break above 1H 21-EMA will see resumption of upside. Break above 61.8% Fib (25.74) eyes 78.6% Fib at 30.35.

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

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,106.90 (-2.87%)
  • Ethereum (ETH) $189.77 (-2.12%)
  • XRP (XRP) $0.270600 (-1.92%)
  • Bitcoin Cash (BCH) $306.82 (-1.90%)
  • Litecoin (LTC) $73.40 (-2.25%)
  • Bitcoin (BTC) $10,106.90 (-2.87%)
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
09:16
Former Zaif exchange owner Tech Bureau to discontinue crypto business after completing customer refunds
08:32
Crypto Technicals: XLM/USD bearish trend intact, hits multi-month lows at 0.06542
07:33
Russian firm ICORating settles $270K fine with SEC for concealing ICO touting payments
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft