Bitcoin / South Korean won may rise to 84252900 - 85112200

Our pivot point stands at 81290900.

Our preference

The upside prevails as long as 81290900 is support.

Alternative scenario

Below 81290900, expect 79849100 and 78991000.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 82254123 and 81912797).

Supports and resistances

86830900 **

85971600 *

85112200 **

84252900

82444568 last

81857300

81290900 **

79849100 *

78991000 **

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