Bitcoin Gold / Dollar may rise to 32.24 - 32.82

Our pivot point is at 30.31.

Our preference

Rebound towards 32.82.

Alternative scenario

The downside breakout of 30.31 would call for 29.34 and 28.76.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (31.01) but below its 50 period moving average (31.18).

Supports and resistances

33.98 **

33.40 *

32.82 **

32.24

31.08 last

30.70

30.31 **

29.34 *

28.76 **

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