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Author Topic: Bitcoin Gold Price Analysis: 16 November  (Read 1989 times)

Offline sneakyboi

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Bitcoin Gold Price Analysis: 16 November
« on: November 16, 2020, 07:34:11 PM »
Bitcoin Gold Price Analysis: 16 November

Bitcoin Gold was trading within a range but had good buyer interest behind it.

Bitcoin Gold was trading within a rectangle pattern (white) under the resistance at $7.7. The OBV, over the past two weeks, has been rising, highlighting growing buy volume (orange) in the market.

This healthy buyer interest in the short-term could push the price upwards, past its resistance, leading to a breakout to the upside of the rectangle.

A close below $7.15 for BTG could take the price to the support at $6.74.


Source: BTG/USDT on TradingView

Learn more about the analysis here.
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Bitcoin Gold Price Analysis: 16 November
« on: November 16, 2020, 07:34:11 PM »

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Offline yuanpaygroup

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Re: Bitcoin Gold Price Analysis: 16 November
« Reply #1 on: December 15, 2021, 06:26:22 AM »
Great post

 

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