Bitcoin Gold / Dollar may rise to 23.95 - 24.31

Our pivot point stands at 21.84.

Our preference

As long as 21.84 is support look for 24.31.

Alternative scenario

The downside breakout of 21.84 would call for 21.26 and 20.92.

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 23.07 and 22.32).

Supports and resistances

25.03 **

24.67 *

24.31 **

23.95

23.17 last

22.07

21.84 **

21.26 *

20.92 **

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