Bitcoin Gold / Dollar may rise to 34.74 - 35.37

Our pivot point is at 32.65.

Our preference

Rebound towards 35.37.

Alternative scenario

The downside breakout of 32.65 would call for 31.60 and 30.98.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 33.67 and 34.08).

Supports and resistances

36.62 **

35.99 *

35.37 **

34.74

33.49 last

33.07

32.65 **

31.60 *

30.98 **

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