Cryptocurrency

Bitcoin Gold / Dollar may rise to 30.47 - 33.61

2024-07-02

20.08 is our pivot point.

Our preference

Rebound towards 33.61.

Alternative scenario

Below 20.08, expect 14.81 and 11.68.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 25.22 and 30.17).

Supports and resistances

39.87 **

36.74 *

33.61 **

30.47

24.21 last

22.14

20.08 **

14.81 *

11.68 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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