Bitcoin / South Korean won may rise to 109983600 - 116322100

Our pivot point stands at 88931100.

Our preference

The upside prevails as long as 88931100 is support.

Alternative scenario

Below 88931100, expect 78283600 and 71945800.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89544760 and 93047879). Finally, the Bitcoin / South Korean won is trading above its upper Bollinger band (standing at 97084761).

Supports and resistances

128999000 **

122660600 *

116322100 **

109983600

97305353 last

93114100

88931100 **

78283600 *

71945800 **

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