Bitcoin Gold / Dollar may fall to 24.21 - 24.69

Our pivot point is at 26.46.

Our preference

Technical rebound towards 26.46 before a new drop.

Alternative scenario

Above 26.46, look for 27.27 and 27.75.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (24.74) but under its 50 period moving average (26.01).

Supports and resistances

27.75 **

27.27 *

26.46 **

26.14

25.76 last

24.69

24.21 **

23.73 *

23.25 **

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