Cryptocurrency

Bitcoin / South Korean won may rise to 82260600 - 83110600

2024-08-29

79399600 is our pivot point.

Our preference

Rebound towards 83110600.

Alternative scenario

The downside breakout of 79399600 would call for 77972400 and 77122900.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 80789336 and 82249408).

Supports and resistances

84810400 **

83960500 *

83110600 **

82260600

80528493 last

79960300

79399600 **

77972400 *

77122900 **

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

Trade with Exness

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

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