Bitcoin / South Korean won may fall to 84526600 - 85232100

Our pivot point is at 87847200.

Our preference

Eye 84526600.

Alternative scenario

The upside breakout of 87847200, would call for 89036100 and 89743700.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (87153395) but above its 50 period moving average (86425976).

Supports and resistances

89743700 **

89036100 *

87847200 **

87380100

86834315 last

85232100

84526600 **

83821200 *

83115700 **

Number of asterisks represents the strength of support and resistance levels.