Bitcoin / South Korean won may rise to 86392300 - 87025200

Our pivot point stands at 84035000.

Our preference

As long as 84035000 is support look for 87025200.

Alternative scenario

Below 84035000, expect 82975000 and 82344000.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (85108138) but above its 50 period moving average (84300497).

Supports and resistances

88291000 **

87658100 *

87025200 **

86392300

85102915 last

84451400

84035000 **

82975000 *

82344000 **

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