Bitcoin Gold / Dollar may fall to 21.17 - 21.51

23.59 is our pivot point.

Our preference

As long as 23.59 is resistance look for 21.17.

Alternative scenario

Above 23.59, look for 24.19 and 24.55.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22.47 and 22.97).

Supports and resistances

24.55 **

24.19 *

23.59 **

23.36

22.21 last

21.51

21.17 **

20.83 *

20.48 **

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