Bitcoin / South Korean won may rise to 94056400 - 94745400

Our pivot point is at 91422700.

Our preference

Rebound towards 94745400.

Alternative scenario

The downside breakout of 91422700 would call for 90269400 and 89583000.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (92544823) but under its 50 period moving average (93237315).

Supports and resistances

96123500 **

95434400 *

94745400 **

94056400

92655348 last

91875700

91422700 **

90269400 *

89583000 **

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