Bitcoin / South Korean won may rise to 93357900 - 94036900

Our pivot point stands at 91079100.

Our preference

The upside prevails as long as 91079100 is support.

Alternative scenario

The downside breakout of 91079100 would call for 89938700 and 89259900.

Comment

The RSI is above 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 91724832 and 91568664).

Supports and resistances

95394800 **

94715900 *

94036900 **

93357900

91993340 last

91527100

91079100 **

89938700 *

89259900 **

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