Bitcoin / South Korean won may rise to 93163900 - 93897100

Our pivot point is at 90700400.

Our preference

Rebound towards 93897100.

Alternative scenario

The downside breakout of 90700400 would call for 89469000 and 88736000.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91809287 and 92502660).

Supports and resistances

95363600 **

94630300 *

93897100 **

93163900

91683027 last

91184200

90700400 **

89469000 *

88736000 **

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