Bitcoin / South Korean won may rise to 93319100 - 93997800

Our pivot point stands at 90747200.

Our preference

As long as 90747200 is support look for 93997800.

Alternative scenario

The downside breakout of 90747200 would call for 89611000 and 88934600.

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 91305297 and 89950589).

Supports and resistances

95355200 **

94676500 *

93997800 **

93319100

91666923 last

91193600

90747200 **

89611000 *

88934600 **

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