Bitcoin / South Korean won may fall to 90138200 - 90818500

Our pivot point is at 93094200.

Our preference

The downside prevails as long as 93094200 is resistance.

Alternative scenario

The upside breakout of 93094200, would call for 94237300 and 94917800.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92834178 and 93267175).

Supports and resistances

94917800 **

94237300 *

93094200 **

92645200

92190421 last

90818500

90138200 **

89457900 *

88777600 **

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