Bitcoin / South Korean won may rise to 82296700 - 82899500

Our pivot point stands at 80220900.

Our preference

The upside prevails as long as 80220900 is support.

Alternative scenario

The downside breakout of 80220900 would call for 79209000 and 78606700.

Comment

The RSI is above its neutrality area at 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 80194648 and 78632964).

Supports and resistances

84105300 **

83502400 *

82899500 **

82296700

81043095 last

80618400

80220900 **

79209000 *

78606700 **

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