Bitcoin / South Korean won may fall to 90397100 - 91079400

Our pivot point is at 93376000.

Our preference

The downside prevails as long as 93376000 is resistance.

Alternative scenario

The upside breakout of 93376000, would call for 94522500 and 95205000.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92668851 and 93227198).

Supports and resistances

95205000 **

94522500 *

93376000 **

92925500

92467278 last

91079400

90397100 **

89714900 *

89032600 **

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