Cryptocurrency

Bitcoin / South Korean won may rise to 85888700 - 86504700

2024-10-08

Our pivot point is at 83646700.

Our preference

Rebound towards 86504700.

Alternative scenario

Below 83646700, expect 82614300 and 81999800.

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 84595016 and 84744379).

Supports and resistances

87736700 **

87120700 *

86504700 **

85888700

84506451 last

84052300

83646700 **

82614300 *

81999800 **

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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