Bitcoin Gold / Dollar may rise to 32.99 - 36.38

Our pivot point is at 21.73.

Our preference

Rebound.

Alternative scenario

Below 21.73, expect 16.03 and 12.64.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (23.31) but below its 50 period moving average (26.70).

Supports and resistances

43.17 **

39.77 *

36.38 **

32.99

26.21 last

23.96

21.73 **

16.03 *

12.64 **

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