Bitcoin / South Korean won may fall to 90676900 - 91366400

Our pivot point stands at 94390200.

Our preference

The downside prevails as long as 94390200 is resistance.

Alternative scenario

Above 94390200, look for 95557700 and 96252600.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 93907680 and 94113191).

Supports and resistances

96252600 **

95557700 *

94390200 **

93931500

92759658 last

91366400

90676900 **

89987400 *

89297900 **

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