Cryptocurrency

Bitcoin / South Korean won may rise to 83931800 - 84533800

2024-10-10

81701900 is our pivot point.

Our preference

Rebound towards 84533800.

Alternative scenario

Below 81701900, expect 80693500 and 80093300.

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 82885024 and 83767017).

Supports and resistances

85737600 **

85135700 *

84533800 **

83931800

82648962 last

82098100

81701900 **

80693500 *

80093300 **

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

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