Bitcoin / South Korean won may rise to 96947400 - 97764300

Our pivot point stands at 93718800.

Our preference

Rebound towards 97764300.

Alternative scenario

Below 93718800, expect 92353800 and 91541300.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (94919291) but below its 50 period moving average (96510084).

Supports and resistances

99398200 **

98581300 *

97764300 **

96947400

95313439 last

94255000

93718800 **

92353800 *

91541300 **

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