Bitcoin Gold / Dollar may rise to 22.45 - 22.77

20.97 is our pivot point.

Our preference

Our next up target stands at 22.77.

Alternative scenario

Below 20.97, expect 20.43 and 20.11.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 21.47 and 21.36).

Supports and resistances

23.43 **

23.10 *

22.77 **

22.45

21.79 last

21.19

20.97 **

20.43 *

20.11 **

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