Bitcoin / South Korean won may rise to 91986400 - 92655400

Our pivot point stands at 89705700.

Our preference

The upside prevails as long as 89705700 is support.

Alternative scenario

The downside breakout of 89705700 would call for 88582500 and 87914000.

Comment

The RSI is above its neutrality area at 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 89536141 and 88186148).

Supports and resistances

93993400 **

93324400 *

92655400 **

91986400

90648387 last

90146900

89705700 **

88582500 *

87914000 **

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