Bitcoin Gold / Dollar may fall to 22.45 - 22.89

24.66 is our pivot point.

Our preference

The downside prevails as long as 24.66 is resistance.

Alternative scenario

The upside breakout of 24.66, would call for 25.42 and 25.87.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 24.32 and 24.26).

Supports and resistances

25.87 **

25.42 *

24.66 **

24.37

23.92 last

22.89

22.45 **

22.00 *

21.56 **

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