Bitcoin / South Korean won may rise to 97485100 - 98306600

Our pivot point stands at 94251700.

Our preference

Our next up target stands at 98306600.

Alternative scenario

Below 94251700, expect 92878900 and 92061800.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 95564806 and 95515515).

Supports and resistances

99949600 **

99128100 *

98306600 **

97485100

95820149 last

94791000

94251700 **

92878900 *

92061800 **

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