Bitcoin / South Korean won may rise to 93132900 - 93810300

Our pivot point is at 90852700.

Our preference

As long as 90852700 is support look for 93810300.

Alternative scenario

Below 90852700, expect 89715200 and 89038000.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91594997 and 91466193).

Supports and resistances

95164900 **

94487600 *

93810300 **

93132900

91755461 last

91299600

90852700 **

89715200 *

89038000 **

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