Cryptocurrency

Bitcoin Gold / Dollar may rise to 32.60 - 33.19

2024-06-10

Our pivot point stands at 30.51.

Our preference

Our next up target stands at 33.19.

Alternative scenario

Below 30.51, expect 29.53 and 28.94.

Comment

The RSI is above its neutrality area at 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 30.97 and 31.26).

Supports and resistances

34.36 **

33.78 *

33.19 **

32.60

31.33 last

30.89

30.51 **

29.53 *

28.94 **

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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