Bitcoin / South Korean won may rise to 93052800 - 93729600

Our pivot point is at 90775500.

Our preference

As long as 90775500 is support look for 93729600.

Alternative scenario

Below 90775500, expect 89638900 and 88962400.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 91662310 and 90540098).

Supports and resistances

95083100 **

94406400 *

93729600 **

93052800

91674473 last

91222000

90775500 **

89638900 *

88962400 **

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