Bitcoin / South Korean won may rise to 94676800 - 95365400

Our pivot point stands at 92324800.

Our preference

As long as 92324800 is support look for 95365400.

Alternative scenario

The downside breakout of 92324800 would call for 91168800 and 90480800.

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 above its 20 and 50 period moving average (respectively at 93190064 and 92395334).

Supports and resistances

96742600 **

96054000 *

95365400 **

94676800

93237012 last

92778900

92324800 **

91168800 *

90480800 **

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