Bitcoin Gold / Dollar may rise to 24.07 - 24.50

Our pivot point is at 22.02.

Our preference

Rebound towards 24.50.

Alternative scenario

The downside breakout of 22.02 would call for 21.31 and 20.89.

Comment

The RSI is below its neutrality area at 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 22.90 and 23.64).

Supports and resistances

25.37 **

24.93 *

24.50 **

24.07

22.65 last

22.30

22.02 **

21.31 *

20.89 **

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