Cryptocurrency

Bitcoin / South Korean won may rise to 93372400 - 94107300

2024-06-20

Our pivot point is at 90812000.

Our preference

Rebound towards 94107300.

Alternative scenario

Below 90812000, expect 89579100 and 88845200.

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 is trading above its 20 period moving average (91740444) but under its 50 period moving average (91866826).

Supports and resistances

95577000 **

94842100 *

94107300 **

93372400

91801342 last

91296400

90812000 **

89579100 *

88845200 **

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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