Bitcoin Gold / Dollar may fall to 19.44 - 19.82

21.81 is our pivot point.

Our preference

The downside prevails as long as 21.81 is resistance.

Alternative scenario

Above 21.81, look for 22.48 and 22.88.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 22.05 and 22.73). Finally, the Bitcoin Gold / Dollar has penetrated its lower Bollinger band (21.05).

Supports and resistances

22.88 **

22.48 *

21.81 **

21.55

20.84 last

19.82

19.44 **

19.05 *

18.67 **

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