Bitcoin / South Korean won may rise to 86695700 - 87579900

Our pivot point stands at 82935300.

Our preference

The upside prevails as long as 82935300 is support.

Alternative scenario

Below 82935300, expect 81464400 and 80588800.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 83398481 and 83106137).

Supports and resistances

89348400 **

88464200 *

87579900 **

86695700

84670318 last

83513100

82935300 **

81464400 *

80588800 **

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