Bitcoin / South Korean won may rise to 83237900 - 83837600

Our pivot point stands at 81240300.

Our preference

The upside prevails as long as 81240300 is support.

Alternative scenario

Below 81240300, expect 80232900 and 79633300.

Comment

The RSI is above its neutrality area at 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 81497954 and 80702290).

Supports and resistances

85036900 **

84437300 *

83837600 **

83237900

82037198 last

81636000

81240300 **

80232900 *

79633300 **

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