Bitcoin Gold / Dollar may rise to 28.50 - 29.01

Our pivot point stands at 26.68.

Our preference

The upside prevails as long as 26.68 is support.

Alternative scenario

Below 26.68, expect 25.82 and 25.31.

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 26.22 and 25.80).

Supports and resistances

30.04 **

29.52 *

29.01 **

28.50

27.43 last

27.01

26.68 **

25.82 *

25.31 **

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