Bitcoin Gold / Dollar may rise to 24.13 - 24.48

Our pivot point is at 22.28.

Our preference

As long as 22.28 is support look for 24.48.

Alternative scenario

The downside breakout of 22.28 would call for 21.70 and 21.36.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.57 and 21.86).

Supports and resistances

25.18 **

24.83 *

24.48 **

24.13

23.10 last

22.50

22.28 **

21.70 *

21.36 **

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