Cryptocurrency

Bitcoin / South Korean won may rise to 99782500 - 100643100

2024-06-09

Our pivot point is at 96847800.

Our preference

Rebound towards 100643100.

Alternative scenario

Below 96847800, expect 95403000 and 94543000.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (97959111) but below its 50 period moving average (98293967).

Supports and resistances

102364500 **

101503800 *

100643100 **

99782500

98050012 last

97415400

96847800 **

95403000 *

94543000 **

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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