Cryptocurrency

Bitcoin / South Korean won may rise to 94130000 - 94819600

2024-07-31

Our pivot point stands at 91827800.

Our preference

Rebound towards 94819600.

Alternative scenario

The downside breakout of 91827800 would call for 90669400 and 89980000.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92844377 and 94135699).

Supports and resistances

96198700 **

95509200 *

94819600 **

94130000

92750846 last

92282800

91827800 **

90669400 *

89980000 **

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

Trade with Exness

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

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