Bitcoin Gold / Dollar may rise to 23.08 - 23.41

Our pivot point stands at 20.62.

Our preference

Rebound towards 23.41.

Alternative scenario

The downside breakout of 20.62 would call for 20.10 and 19.79.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 21.70 and 22.21).

Supports and resistances

24.07 **

23.74 *

23.41 **

23.08

21.06 last

20.83

20.62 **

20.10 *

19.79 **

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