Cryptocurrency

Bitcoin / South Korean won may rise to 81513200 - 82110300

2024-08-06

Our pivot point stands at 79082100.

Our preference

The upside prevails as long as 79082100 is support.

Alternative scenario

Below 79082100, expect 78084500 and 77490700.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 78508976 and 80011439).

Supports and resistances

83304600 **

82707500 *

82110300 **

81513200

80088072 last

79474000

79082100 **

78084500 *

77490700 **

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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