Cryptocurrency

Bitcoin / South Korean won may rise to 91792700 - 92465100

2024-08-02

Our pivot point stands at 89105600.

Our preference

Rebound towards 92465100.

Alternative scenario

The downside breakout of 89105600 would call for 87981600 and 87312600.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (90291365) but below its 50 period moving average (90909453).

Supports and resistances

93810000 **

93137600 *

92465100 **

91792700

90395036 last

89547100

89105600 **

87981600 *

87312600 **

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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