Our pivot point is at 79969000.
Our preference
Rebound towards 83647400.
Alternative scenario
The downside breakout of 79969000 would call for 78550700 and 77706500.
Comment
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81703596 and 82645258).
Supports and resistances
85336500 **
84492000 *
83647400 **
82802900
81113553 last
80526200
79969000 **
78550700 *
77706500 **
Number of asterisks represents the strength of support and resistance levels.


