Cryptocurrency

Bitcoin Gold / Dollar may rise to 23.02 - 23.43

2024-08-10

21.53 is our pivot point.

Our preference

As long as 21.53 is support look for 23.43.

Alternative scenario

Below 21.53, expect 20.83 and 20.42.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.07 and 22).

Supports and resistances

24.26 **

23.85 *

23.43 **

23.02

22.16 last

21.80

21.53 **

20.83 *

20.42 **

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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