Bitcoin Gold / Dollar may rise to 23.32 - 23.74

Our pivot point is at 21.53.

Our preference

Rebound towards 23.74.

Alternative scenario

Below 21.53, expect 20.83 and 20.42.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22.63 and 23.20).

Supports and resistances

24.58 **

24.16 *

23.74 **

23.32

22.20 last

21.80

21.53 **

20.83 *

20.42 **

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