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Bitcoin Gold, Resistance from 100-Day EMA
Bitcoin Gold price is facing combined resistance from 20-Day EMA, 50-Day EMA and 100-Day EMA. As can be seen from the chart,100 day moving average had acted as resistance line in last three months. The MACD is also sending bearish signal. The MACD line is in the negative zone, below the centerline. However, if the Bitcoin Gold price crosses the 100-Day EMA line and also 50-Day EMA line breaks above the 100-Day EMA then the stock is likely to be a bullish bet.
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