Bitcoin Gold / Dollar may rise to 23.01 - 23.42

Our pivot point is at 21.08.

Our preference

As long as 21.08 is support look for 23.42.

Alternative scenario

The downside breakout of 21.08 would call for 20.40 and 20.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (22.26) but above its 50 period moving average (21.94).

Supports and resistances

24.25 **

23.84 *

23.42 **

23.01

22.12 last

21.34

21.08 **

20.40 *

20.00 **

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