BTGUSD has slipped below trendline support and has so far failed again on the retest (as per Bitfinex levels.) The 20-day EMA which has been acting as support now looks to be turning to resistance. The key inflection point to watch is 27 – above that level bias should be bullish, below it remains bearish.
When priced in BTC we have a symmetrical triangle which may trigger the next move.
When priced in BTC we have a symmetrical triangle which may trigger the next move.