Bitcoin / South Korean won may rise to 99805400 - 100666200

Our pivot point is at 96755500.

Our preference

The upside prevails as long as 96755500 is support.

Alternative scenario

Below 96755500, expect 95312100 and 94452900.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 97166192 and 96549570).

Supports and resistances

102388000 **

101527100 *

100666200 **

99805400

98045828 last

97322500

96755500 **

95312100 *

94452900 **

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