Bitcoin / South Korean won may rise to 84710400 - 85587400

Our pivot point stands at 81274100.

Our preference

The upside prevails as long as 81274100 is support.

Alternative scenario

Below 81274100, expect 79810100 and 78938700.

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 82366357 and 82302042).

Supports and resistances

87341400 **

86464400 *

85587400 **

84710400

82833512 last

81849200

81274100 **

79810100 *

78938700 **

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