Bitcoin Gold / Dollar may rise to 24.03 - 24.39

Our pivot point stands at 20.78.

Our preference

The upside prevails as long as 20.78 is support.

Alternative scenario

Below 20.78, expect 20.23 and 19.90.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.86 and 22.62).

Supports and resistances

25.11 **

24.75 *

24.39 **

24.03

23.13 last

20.99

20.78 **

20.23 *

19.90 **

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