Bitcoin / South Korean won may rise to 93671700 - 94322900

Our pivot point stands at 91475700.

Our preference

Our next up target stands at 94322900.

Alternative scenario

Below 91475700, expect 90382000 and 89731000.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 92038628 and 92324690).

Supports and resistances

95625300 **

94974100 *

94322900 **

93671700

92369255 last

91905300

91475700 **

90382000 *

89731000 **

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