Bitcoin / South Korean won may rise to 82057100 - 82658300

Our pivot point stands at 79966200.

Our preference

Our next up target stands at 82658300.

Alternative scenario

The downside breakout of 79966200 would call for 78957500 and 78357100.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 79984483 and 80139496).

Supports and resistances

83860500 **

83259400 *

82658300 **

82057100

80768208 last

80362500

79966200 **

78957500 *

78357100 **

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