Cryptocurrency

Bitcoin Gold / Dollar may fall to 23.42 - 23.88

2024-06-26

Our pivot point is at 25.55.

Our preference

Eye 23.42.

Alternative scenario

Above 25.55, look for 26.34 and 26.80.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (24.92) but above its 50 period moving average (24.78).

Supports and resistances

26.80 **

26.34 *

25.55 **

25.25

24.88 last

23.88

23.42 **

22.96 *

22.49 **

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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