Cryptocurrency

Bitcoin / South Korean won may rise to 94454900 - 95146800

2024-08-01

90998200 is our pivot point.

Our preference

Rebound towards 95146800.

Alternative scenario

The downside breakout of 90998200 would call for 89850400 and 89167100.

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 92558856 and 92936581).

Supports and resistances

96530700 **

95838800 *

95146800 **

94454900

92004384 last

91449200

90998200 **

89850400 *

89167100 **

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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