Bitcoin / South Korean won may rise to 92199500 - 92870100

89954100 is our pivot point.

Our preference

As long as 89954100 is support look for 92870100.

Alternative scenario

The downside breakout of 89954100 would call for 88827800 and 88157400.

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 90071643 and 88693063).

Supports and resistances

94211200 **

93540700 *

92870100 **

92199500

90844120 last

90396500

89954100 **

88827800 *

88157400 **

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