Bitcoin / South Korean won may rise to 95830800 - 96638300

93134500 is our pivot point.

Our preference

As long as 93134500 is support look for 96638300.

Alternative scenario

Below 93134500, expect 91778100 and 90970700.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 94190563 and 93981303).

Supports and resistances

98253400 **

97445900 *

96638300 **

95830800

94200343 last

93667400

93134500 **

91778100 *

90970700 **

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