Bitcoin Gold / Dollar may rise to 28.97 - 29.49

27.01 is our pivot point.

Our preference

Rebound towards 29.49.

Alternative scenario

The downside breakout of 27.01 would call for 26.14 and 25.62.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (27.77) but below its 50 period moving average (27.99).

Supports and resistances

30.54 **

30.02 *

29.49 **

28.97

27.83 last

27.35

27.01 **

26.14 *

25.62 **

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