Cryptocurrency

Bitcoin / South Korean won may rise to 96566500 - 97431900

2024-05-29

Our pivot point is at 93693000.

Our preference

Rebound towards 97431900.

Alternative scenario

Below 93693000, expect 92239100 and 91373700.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94610459) but below its 50 period moving average (95250009).

Supports and resistances

99162700 **

98297300 *

97431900 **

96566500

94835349 last

94264200

93693000 **

92239100 *

91373700 **

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

Trade with Exness

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.

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