Cryptocurrency

Bitcoin / South Korean won may fall to 81067600 - 81950900

2024-08-27

85180500 is our pivot point.

Our preference

The downside prevails as long as 85180500 is resistance.

Alternative scenario

Above 85180500, look for 86669600 and 87555900.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 84538940 and 85171880).

Supports and resistances

87555900 **

86669600 *

85180500 **

84595600

83980752 last

81950900

81067600 **

80184400 *

79301200 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

Introduction to Tradingtop Site


Return to All Articles