Bitcoin / South Korean won may rise to 82709700 - 83315600

Our pivot point is at 80125200.

Our preference

As long as 80125200 is support look for 83315600.

Alternative scenario

The downside breakout of 80125200 would call for 79114500 and 78512900.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 80900556 and 79551149).

Supports and resistances

84527400 **

83921500 *

83315600 **

82709700

81482138 last

80522300

80125200 **

79114500 *

78512900 **

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