Bitcoin / South Korean won may fall to 89508300 - 90152900

Our pivot point is at 93034100.

Our preference

The downside prevails as long as 93034100 is resistance.

Alternative scenario

Above 93034100, look for 94125900 and 94775700.

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 92152709 and 92375363).

Supports and resistances

94775700 **

94125900 *

93034100 **

92605200

92104849 last

90152900

89508300 **

88863600 *

88218900 **

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