Bitcoin / South Korean won may fall to 79696900 - 80292500

Our pivot point stands at 82443900.

Our preference

The downside prevails as long as 82443900 is resistance.

Alternative scenario

The upside breakout of 82443900, would call for 83446600 and 84043500.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81885742 and 81843138).

Supports and resistances

84043500 **

83446600 *

82443900 **

82050000

81612110 last

80292500

79696900 **

79101300 *

78505700 **

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