Bitcoin / South Korean won may fall to 91974900 - 92784000

Our pivot point stands at 95801000.

Our preference

The downside prevails as long as 95801000 is resistance.

Alternative scenario

The upside breakout of 95801000, would call for 97165000 and 97977000.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 95144911 and 95557367).

Supports and resistances

97977000 **

97165000 *

95801000 **

95265100

94452439 last

92784000

91974900 **

91165700 *

90356600 **

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