Bitcoin / South Korean won may rise to 97459000 - 98358400

94274100 is our pivot point.

Our preference

The upside prevails as long as 94274100 is support.

Alternative scenario

Below 94274100, expect 92766300 and 91868800.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 95300377 and 94984191).

Supports and resistances

100157200 **

99257800 *

98358400 **

97459000

95476725 last

94866500

94274100 **

92766300 *

91868800 **

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