Bitcoin / South Korean won may rise to 100437100 - 101303400

Our pivot point stands at 97430900.

Our preference

The upside prevails as long as 97430900 is support.

Alternative scenario

The downside breakout of 97430900 would call for 95977400 and 95112200.

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 98631881 and 98475961).

Supports and resistances

103036100 **

102169700 *

101303400 **

100437100

98655701 last

98001900

97430900 **

95977400 *

95112200 **

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