Bitcoin / South Korean won may rise to 94922800 - 95613200

Our pivot point stands at 92506200.

Our preference

As long as 92506200 is support look for 95613200.

Alternative scenario

The downside breakout of 92506200 would call for 91348000 and 90658600.

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 93368650 and 93274184).

Supports and resistances

96993900 **

96303600 *

95613200 **

94922800

93431809 last

92961300

92506200 **

91348000 *

90658600 **

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