Cryptocurrency

Bitcoin Gold / Dollar may rise to 24.91 - 25.36

2024-06-22

Our pivot point stands at 23.28.

Our preference

Rebound towards 25.36.

Alternative scenario

Below 23.28, expect 22.53 and 22.09.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 24.01 and 24.29).

Supports and resistances

26.25 **

25.80 *

25.36 **

24.91

23.92 last

23.58

23.28 **

22.53 *

22.09 **

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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