Bitcoin Gold / Dollar may rise to 27.53 - 28.03

Our pivot point is at 25.72.

Our preference

The upside prevails as long as 25.72 is support.

Alternative scenario

Below 25.72, expect 24.89 and 24.40.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 26.09 and 25.49). Finally, the Bitcoin Gold / Dollar has crossed above its upper Bollinger band (26.46).

Supports and resistances

29.02 **

28.52 *

28.03 **

27.53

26.48 last

26.04

25.72 **

24.89 *

24.40 **

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