Bitcoin Gold / Dollar may rise to 22.73 - 23.06

Our pivot point stands at 21.63.

Our preference

Our next up target stands at 23.06.

Alternative scenario

The downside breakout of 21.63 would call for 21.09 and 20.76.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 21.09 and 20.95).

Supports and resistances

23.71 **

23.38 *

23.06 **

22.73

22.06 last

21.85

21.63 **

21.09 *

20.76 **

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