Bitcoin / South Korean won may fall to 83874600 - 84574700

Our pivot point stands at 87326400.

Our preference

The downside prevails as long as 87326400 is resistance.

Alternative scenario

Above 87326400, look for 88508200 and 89211700.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 86872929 and 86505775).

Supports and resistances

89211700 **

88508200 *

87326400 **

86862100

86162494 last

84574700

83874600 **

83174600 *

82474600 **

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