Bitcoin Gold / Dollar may fall to 23.87 - 24.35

Our pivot point is at 26.79.

Our preference

The downside prevails as long as 26.79 is resistance.

Alternative scenario

Above 26.79, look for 27.62 and 28.10.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 26.25 and 26.27). Finally, the Bitcoin Gold / Dollar has penetrated its lower Bollinger band (25.63).

Supports and resistances

28.10 **

27.62 *

26.79 **

26.47

25.38 last

24.35

23.87 **

23.40 *

22.93 **

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