Bitcoin / South Korean won may fall to 90684300 - 91482100

94300100 is our pivot point.

Our preference

The downside prevails as long as 94300100 is resistance.

Alternative scenario

Above 94300100, look for 95642800 and 96442100.

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 94076938 and 93925653). Finally, the Bitcoin / South Korean won is trading below its lower Bollinger band (standing at 93259584).

Supports and resistances

96442100 **

95642800 *

94300100 **

93772600

93230256 last

91482100

90684300 **

89886500 *

89088700 **

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