Bitcoin / South Korean won may rise to 94697700 - 95391400

Our pivot point is at 92277200.

Our preference

As long as 92277200 is support look for 95391400.

Alternative scenario

Below 92277200, expect 91113200 and 90420300.

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 92732348 and 91058946).

Supports and resistances

96778800 **

96085100 *

95391400 **

94697700

93226390 last

92734400

92277200 **

91113200 *

90420300 **

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