Bitcoin / South Korean won may rise to 90459100 - 91117000

87636600 is our pivot point.

Our preference

As long as 87636600 is support look for 91117000.

Alternative scenario

Below 87636600, expect 86539400 and 85886200.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 88366743 and 86815992). Finally, the Bitcoin / South Korean won is trading above its upper Bollinger band (standing at 89044221).

Supports and resistances

92432700 **

91774800 *

91117000 **

90459100

89092046 last

88067700

87636600 **

86539400 *

85886200 **

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