Bitcoin / South Korean won may rise to 95408800 - 96102700

Our pivot point stands at 93078200.

Our preference

The upside prevails as long as 93078200 is support.

Alternative scenario

The downside breakout of 93078200 would call for 91912800 and 91219100.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 93723622 and 93403807).

Supports and resistances

97490500 **

96796600 *

96102700 **

95408800

94000295 last

93536100

93078200 **

91912800 *

91219100 **

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