Bitcoin / South Korean won may rise to 99342700 - 100199500

96094300 is our pivot point.

Our preference

Rebound towards 100199500.

Alternative scenario

The downside breakout of 96094300 would call for 94660800 and 93807500.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (97477911) but below its 50 period moving average (97792194).

Supports and resistances

101913300 **

101056400 *

100199500 **

99342700

97480434 last

96657500

96094300 **

94660800 *

93807500 **

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