# Crypto Technicals: Bitcoin Gold holds 21-EMA support, upside resumption likely on break above 61.8% Fib (25.75)

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/1933
Published: 2019-05-21T14:26:08.000Z
Updated: 2019-05-21T14:26:08.000Z
Section: Investing

> Support: 20.98 (21-EMA); Resistance: 25.75 (converged 61.8% Fib and trendline)

[BTG/USD](<https://www.tradingview.com/symbols/BTGUSD/>) chart - Trading View

Exchange - Binance

Support: 20.98 (21-EMA); Resistance: 25.75 (converged 61.8% Fib and trendline)

Technical Analysis: Bias Bullish

Bitcoin Gold bounces off 21-EMA support, trades 10.15% higher at 23.78 at 14:10 GMT.

The pair has retraced from session highs at 25.58, finds stiff resistance at 25.75 (converged 61.8% Fib and trendline).

A 'Golden Cross' formation on the daily charts keeps bias bullish.

Break above 61.8% Fib will see next major resistance at 78.6% Fib at 30.3595.

Break below 21-EMA will see retrace till 50-DMA. Bias will turn bearish on breach below 200-DMA.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [BTG/USD](https://www.tradingview.com/symbols/BTGUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)