Bitcoin Gold / Dollar may rise to 35.92 - 36.57

Our pivot point stands at 33.50.

Our preference

Rebound towards 36.57.

Alternative scenario

The downside breakout of 33.50 would call for 32.43 and 31.78.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (34.42) but below its 50 period moving average (35.07).

Supports and resistances

37.86 **

37.22 *

36.57 **

35.92

34.46 last

33.93

33.50 **

32.43 *

31.78 **

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