Cryptocurrency

Bitcoin / South Korean won may rise to 93768900 - 94450900

2024-10-22

Our pivot point stands at 91482600.

Our preference

Rebound towards 94450900.

Alternative scenario

Below 91482600, expect 90337200 and 89655400.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92545838 and 93194956).

Supports and resistances

95814800 **

95132800 *

94450900 **

93768900

92403832 last

91932600

91482600 **

90337200 *

89655400 **

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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