Bitcoin Gold / Dollar may fall to 21.49 - 21.84

23.11 is our pivot point.

Our preference

The downside prevails as long as 23.11 is resistance.

Alternative scenario

The upside breakout of 23.11, would call for 23.70 and 24.05.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 22.64 and 22.71).

Supports and resistances

24.05 **

23.70 *

23.11 **

22.88

22.56 last

21.84

21.49 **

21.15 *

20.80 **

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