Bitcoin Gold / Dollar may fall to 18.93 - 19.30

Our pivot point stands at 20.60.

Our preference

Under pressure below 20.60.

Alternative scenario

Above 20.60, look for 21.23 and 21.60.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 20.23 and 20.29).

Supports and resistances

21.60 **

21.23 *

20.60 **

20.35

20.10 last

19.30

18.93 **

18.55 *

18.18 **

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