Bitcoin / South Korean won may rise to 96154900 - 96859300

Our pivot point is at 93246100.

Our preference

Our next up target stands at 96859300.

Alternative scenario

Below 93246100, expect 92069900 and 91369800.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 94231813 and 94203773).

Supports and resistances

98268100 **

97563700 *

96859300 **

96154900

94746128 last

93708200

93246100 **

92069900 *

91369800 **

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