Bitcoin / South Korean won may fall to 90222400 - 90903300

Our pivot point stands at 93484700.

Our preference

The downside prevails as long as 93484700 is resistance.

Alternative scenario

Above 93484700, look for 94632600 and 95315900.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 93190940 and 93317537).

Supports and resistances

95315900 **

94632600 *

93484700 **

93033800

92502876 last

90903300

90222400 **

89541400 *

88860500 **

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