Bitcoin Gold / Dollar may rise to 26.33 - 28.49

18.26 is our pivot point.

Our preference

Rebound towards 28.49.

Alternative scenario

The downside breakout of 18.26 would call for 14.79 and 12.73.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (21.73) but below its 50 period moving average (23.26).

Supports and resistances

32.82 **

30.65 *

28.49 **

26.33

21.76 last

19.62

18.26 **

14.79 *

12.73 **

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