Bitcoin / South Korean won may rise to 91752600 - 92424800

Our pivot point is at 89152100.

Our preference

The upside prevails as long as 89152100 is support.

Alternative scenario

Below 89152100, expect 88027600 and 87358200.

Comment

The RSI is above its neutrality area at 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 89799296 and 90054916).

Supports and resistances

93769100 **

93096900 *

92424800 **

91752600

90071364 last

89593900

89152100 **

88027600 *

87358200 **

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