Bitcoin / South Korean won may rise to 84337700 - 85210900

Our pivot point stands at 81152200.

Our preference

As long as 81152200 is support look for 85210900.

Alternative scenario

The downside breakout of 81152200 would call for 79690400 and 78820300.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 82266421 and 81745955).

Supports and resistances

86957200 **

86084100 *

85210900 **

84337700

82509862 last

81726400

81152200 **

79690400 *

78820300 **

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