Bitcoin / South Korean won may fall to 90177100 - 90915900

Our pivot point is at 93608000.

Our preference

The downside prevails as long as 93608000 is resistance.

Alternative scenario

The upside breakout of 93608000, would call for 94852400 and 95593100.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 92751761 and 93325463).

Supports and resistances

95593100 **

94852400 *

93608000 **

93119200

92435685 last

90915900

90177100 **

89438300 *

88699500 **

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