Bitcoin Gold / Dollar may rise to 26.03 - 26.50

Our pivot point stands at 24.08.

Our preference

Rebound.

Alternative scenario

Below 24.08, expect 23.31 and 22.85.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (23.34) but under its 50 period moving average (24.92).

Supports and resistances

27.43 **

26.96 *

26.50 **

26.03

24.90 last

24.39

24.08 **

23.31 *

22.85 **

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