BTG forming a rising wedge on the medium term. Still early days, but breakdown would be chaotic. Bitcoin Gold, the namesake cousin of the biggest cryptocurrency Bitcoin, is forming a rising wedge on the medium term charts and would be very messy for the prices once the breakdown of this pattern occurs. BTG/USD is down 2 percent on day at $27.383, just around the low of the day. On the 480-minute chart of Bitcoin Gold, after a good price surge of last 2 days, BTG found itself retracing from the upper end of the rising wedge, trying to go back to where it rallied from. Although the breakdown point of this wedge is still far off, but once occurs, it would be really messy for the prices as it may take it back to almost around August lows. BTG/USD 480-minute chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD: NFP: Consistent With A Gradually Accelerating Inflationary Pressure – CIBC Yohay Elam 4 years BTG forming a rising wedge on the medium term. Still early days, but breakdown would be chaotic. Bitcoin Gold, the namesake cousin of the biggest cryptocurrency Bitcoin, is forming a rising wedge on the medium term charts and would be very messy for the prices once the breakdown of this pattern occurs. BTG/USD is down 2 percent on day at $27.383, just around the low of the day. On the 480-minute chart of Bitcoin Gold, after a good price surge of last 2 days, BTG found itself retracing from the upper end of the rising wedge, trying to go back… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
