Bitcoin / South Korean won may rise to 93955400 - 94608600

Our pivot point stands at 91146500.

Our preference

Rebound towards 94608600.

Alternative scenario

Below 91146500, expect 90056800 and 89408200.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92431361 and 93046838).

Supports and resistances

95915000 **

95261800 *

94608600 **

93955400

92230765 last

91574600

91146500 **

90056800 *

89408200 **

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