Bitcoin / South Korean won may rise to 96296100 - 97107500

Our pivot point stands at 93508200.

Our preference

Rebound towards 97107500.

Alternative scenario

Below 93508200, expect 92146300 and 91335600.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 94817994 and 95470293).

Supports and resistances

98730500 **

97919000 *

97107500 **

96296100

94590322 last

94043200

93508200 **

92146300 *

91335600 **

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