Bitcoin Gold / Dollar may fall to 24.12 - 24.60

Our pivot point is at 26.43.

Our preference

Technical rebound towards 26.43 before a new drop.

Alternative scenario

Above 26.43, look for 27.23 and 27.72.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 25.94 and 25.91).

Supports and resistances

27.72 **

27.23 *

26.43 **

26.11

25.78 last

24.60

24.12 **

23.64 *

23.16 **

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