Bitcoin / South Korean won may rise to 95675700 - 96376600

Our pivot point stands at 93041000.

Our preference

The upside prevails as long as 93041000 is support.

Alternative scenario

Below 93041000, expect 91867400 and 91168800.

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 92921900 and 91896484).

Supports and resistances

97778300 **

97077500 *

96376600 **

95675700

94079276 last

93502100

93041000 **

91867400 *

91168800 **

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