Bitcoin / South Korean won may rise to 100088100 - 100951400

97208600 is our pivot point.

Our preference

As long as 97208600 is support look for 100951400.

Alternative scenario

The downside breakout of 97208600 would call for 95758500 and 94895300.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (98370048) but above its 50 period moving average (97515288).

Supports and resistances

102678000 **

101814700 *

100951400 **

100088100

98355822 last

97778300

97208600 **

95758500 *

94895300 **

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