Bitcoin / South Korean won may rise to 83576100 - 84138100

Our pivot point is at 81413700.

Our preference

The upside prevails as long as 81413700 is support.

Alternative scenario

Below 81413700, expect 80472900 and 79912900.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 81161208 and 80725543).

Supports and resistances

85262200 **

84700200 *

84138100 **

83576100

82352047 last

81783400

81413700 **

80472900 *

79912900 **

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