Bitcoin / South Korean won may fall to 89539500 - 90184400

Our pivot point is at 92803800.

Our preference

The downside prevails as long as 92803800 is resistance.

Alternative scenario

Above 92803800, look for 93892900 and 94541100.

Comment

The RSI is below its neutrality area at 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 92521700 and 92467241).

Supports and resistances

94541100 **

93892900 *

92803800 **

92376000

91839363 last

90184400

89539500 **

88894600 *

88249700 **

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