Bitcoin / South Korean won may rise to 84901300 - 85512900

Our pivot point stands at 82290200.

Our preference

The upside prevails as long as 82290200 is support.

Alternative scenario

Below 82290200, expect 81269800 and 80662500.

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 81908862 and 81134860). Finally, the Bitcoin / South Korean won has crossed above its upper Bollinger band (83449330).

Supports and resistances

86736200 **

86124600 *

85512900 **

84901300

83628891 last

82691000

82290200 **

81269800 *

80662500 **

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