Bitcoin / South Korean won may fall to 90628700 - 91426000

Our pivot point stands at 94245300.

Our preference

The downside prevails as long as 94245300 is resistance.

Alternative scenario

Above 94245300, look for 95587200 and 96386000.

Comment

The RSI is below 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 93852139 and 93858668).

Supports and resistances

96386000 **

95587200 *

94245300 **

93718100

93022419 last

91426000

90628700 **

89831400 *

89034100 **

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