Bitcoin / South Korean won may rise to 98110500 - 98956700

94809300 is our pivot point.

Our preference

As long as 94809300 is support look for 98956700.

Alternative scenario

Below 94809300, expect 93394900 and 92553000.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96092244 and 95846369).

Supports and resistances

100649200 **

99803000 *

98956700 **

98110500

96322653 last

95364900

94809300 **

93394900 *

92553000 **

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