Bitcoin / South Korean won may rise to 93499000 - 94234900

Our pivot point is at 90815300.

Our preference

Rebound towards 94234900.

Alternative scenario

Below 90815300, expect 89582300 and 88848400.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (91765203) but under its 50 period moving average (92298923).

Supports and resistances

95706600 **

94970800 *

94234900 **

93499000

91799300 last

91299700

90815300 **

89582300 *

88848400 **

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