Bitcoin Gold is Down for the 3rd Day in a Row

The Hourly View for Bitcoin Gold

  • At the time of this writing, BTG’s price is down $-0.24 (-0.37%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Bitcoin Gold’s hourly price chart is shown below.

BTG

The Daily View for Bitcoin Gold

  • At the time of this writing, BTG’s price is down $-0.34 (-0.53%) from the day prior.
  • It’s been a feast for bears operating on the daily timeframe, as Bitcoin Gold has now gone down 4 of the past 5 days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between BTG’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in BTG’s price.

Below is a daily price chart of Bitcoin Gold.

BTG

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