Bitcoin / South Korean won may rise to 95702400 - 96508900

Our pivot point stands at 92479500.

Our preference

Our next up target stands at 96508900.

Alternative scenario

Below 92479500, expect 91132600 and 90330900.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 92942325 and 93602759).

Supports and resistances

98121800 **

97315400 *

96508900 **

95702400

93789929 last

93008700

92479500 **

91132600 *

90330900 **

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