Bitcoin / South Korean won may fall to 91239200 - 92095200

Our pivot point is at 95582400.

Our preference

The downside prevails as long as 95582400 is resistance.

Alternative scenario

The upside breakout of 95582400, would call for 97030300 and 97892100.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 94522196 and 94982018).

Supports and resistances

97892100 **

97030300 *

95582400 **

95013600

93983884 last

92095200

91239200 **

90383100 *

89527100 **

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