Bitcoin Gold / Dollar may fall to 15.06 - 18.25

Our pivot point is at 28.90.

Our preference

The downside prevails as long as 28.90 is resistance.

Alternative scenario

Above 28.90, look for 34.26 and 37.45.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 27.48 and 31.49).

Supports and resistances

37.45 **

34.26 *

28.90 **

26.79

24.68 last

18.25

15.06 **

11.88 *

8.69 **

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