Bitcoin / South Korean won may fall to 78461500 - 79318100

Our pivot point stands at 82183100.

Our preference

The downside prevails as long as 82183100 is resistance.

Alternative scenario

The upside breakout of 82183100, would call for 83622600 and 84479500.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 81564637 and 81451778).

Supports and resistances

84479500 **

83622600 *

82183100 **

81617500

81047336 last

79318100

78461500 **

77604800 *

76748100 **

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