Bitcoin / South Korean won may fall to 90990600 - 91677300

Our pivot point is at 94303100.

Our preference

The downside prevails as long as 94303100 is resistance.

Alternative scenario

The upside breakout of 94303100, would call for 95461100 and 96150300.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 93715731 and 93436267).

Supports and resistances

96150300 **

95461100 *

94303100 **

93848200

93161543 last

91677300

90990600 **

90303900 *

89617100 **

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