Bitcoin / South Korean won may rise to 94696300 - 95354600

Our pivot point is at 92159600.

Our preference

The upside prevails as long as 92159600 is support.

Alternative scenario

Below 92159600, expect 91057800 and 90402000.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92591731 and 92482824).

Supports and resistances

96671300 **

96012900 *

95354600 **

94696300

93309201 last

92592500

92159600 **

91057800 *

90402000 **

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