Cryptocurrency

Bitcoin / South Korean won may rise to 84373800 - 84981700

2024-07-11

81669700 is our pivot point.

Our preference

The upside prevails as long as 81669700 is support.

Alternative scenario

Below 81669700, expect 80657100 and 80054300.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 82021954 and 82046526).

Supports and resistances

86197400 **

85589500 *

84981700 **

84373800

82975375 last

82067600

81669700 **

80657100 *

80054300 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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