Bitcoin / South Korean won may fall to 90630100 - 91282900

Our pivot point stands at 93463100.

Our preference

As long as 93463100 is resistance look for 90630100.

Alternative scenario

Above 93463100, look for 94559900 and 95212800.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 92598480 and 92713959).

Supports and resistances

95212800 **

94559900 *

93463100 **

93032200

92590674 last

91282900

90630100 **

89977400 *

89324600 **

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