Bitcoin / South Korean won may rise to 87460800 - 88366300

Our pivot point is at 84337900.

Our preference

As long as 84337900 is support look for 88366300.

Alternative scenario

Below 84337900, expect 82818800 and 81914600.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (85668769) but above its 50 period moving average (84965873).

Supports and resistances

90177300 **

89271800 *

88366300 **

87460800

85545109 last

84934700

84337900 **

82818800 *

81914600 **

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