Cryptocurrency

Bitcoin Gold / Dollar may rise to 24.11 - 24.48

2024-10-18

22.89 is our pivot point.

Our preference

The upside prevails as long as 22.89 is support.

Alternative scenario

Below 22.89, expect 22.29 and 21.92.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 22.65 and 22.98).

Supports and resistances

25.20 **

24.84 *

24.48 **

24.11

23.39 last

23.13

22.89 **

22.29 *

21.92 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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