Bitcoin Gold / Dollar may rise to 34.74 - 35.37

Our pivot point stands at 32.23.

Our preference

Rebound towards 35.37.

Alternative scenario

The downside breakout of 32.23 would call for 31.19 and 30.57.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (33.23) but under its 50 period moving average (33.53).

Supports and resistances

36.62 **

35.99 *

35.37 **

34.74

33.27 last

32.63

32.23 **

31.19 *

30.57 **

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