Cryptocurrency

Bitcoin Gold / Dollar may rise to 22.94 - 23.26

2024-10-23

Our pivot point stands at 21.70.

Our preference

Rebound towards 23.26.

Alternative scenario

Below 21.70, expect 21.15 and 20.83.

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 is trading under both its 20 and 50 period moving average (respectively at 22.33 and 22.65).

Supports and resistances

23.92 **

23.59 *

23.26 **

22.94

22.25 last

21.91

21.70 **

21.15 *

20.83 **

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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