Bitcoin Gold / Dollar may fall to 18.23 - 22.08

Our pivot point stands at 36.45.

Our preference

The downside prevails as long as 36.45 is resistance.

Alternative scenario

Above 36.45, look for 43.21 and 47.24.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 33.30 and 33.29).

Supports and resistances

47.24 **

43.21 *

36.45 **

33.79

30.96 last

22.08

18.23 **

14.37 *

10.52 **

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