Bitcoin / South Korean won may rise to 81709200 - 82307800

Our pivot point stands at 79709400.

Our preference

Our next up target stands at 82307800.

Alternative scenario

Below 79709400, expect 78704000 and 78105500.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 79932901 and 80137086).

Supports and resistances

83504900 **

82906300 *

82307800 **

81709200

80506167 last

80104400

79709400 **

78704000 *

78105500 **

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