Cryptocurrency

Bitcoin Gold / Dollar may rise to 35.42 - 36.05

2024-05-28

32.87 is our pivot point.

Our preference

Rebound towards 36.05.

Alternative scenario

Below 32.87, expect 31.81 and 31.18.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 34.10 and 34.31).

Supports and resistances

37.33 **

36.69 *

36.05 **

35.42

33.92 last

33.28

32.87 **

31.81 *

31.18 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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