Bitcoin Gold / Dollar may rise to 25.66 - 26.13

Our pivot point is at 23.50.

Our preference

As long as 23.50 is support look for 26.13.

Alternative scenario

Below 23.50, expect 22.74 and 22.29.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 24.58 and 24.11).

Supports and resistances

27.05 **

26.59 *

26.13 **

25.66

24.69 last

23.79

23.50 **

22.74 *

22.29 **

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