Bitcoin / South Korean won may rise to 89655200 - 90301100

Our pivot point is at 87071300.

Our preference

As long as 87071300 is support look for 90301100.

Alternative scenario

Below 87071300, expect 85991700 and 85349000.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 86973726 and 84867184).

Supports and resistances

91592900 **

90947000 *

90301100 **

89655200

88199928 last

87495500

87071300 **

85991700 *

85349000 **

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