Bitcoin / South Korean won may rise to 91040400 - 91707400

Our pivot point is at 88127000.

Our preference

As long as 88127000 is support look for 91707400.

Alternative scenario

The downside breakout of 88127000 would call for 87015400 and 86353700.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 89563503 and 87808896).

Supports and resistances

93041300 **

92374300 *

91707400 **

91040400

89701433 last

88563700

88127000 **

87015400 *

86353700 **

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