Cryptocurrency

Bitcoin Gold / Dollar may rise to 24.10 - 24.47

2024-10-21

Our pivot point stands at 21.83.

Our preference

The upside prevails as long as 21.83 is support.

Alternative scenario

Below 21.83, expect 21.26 and 20.91.

Comment

The RSI is above its neutrality area at 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 23.19 and 22.95).

Supports and resistances

25.19 **

24.83 *

24.47 **

24.10

23.23 last

22.06

21.83 **

21.26 *

20.91 **

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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