Bitcoin / South Korean won may rise to 93351800 - 94086500

90833100 is our pivot point.

Our preference

Rebound towards 94086500.

Alternative scenario

The downside breakout of 90833100 would call for 89599900 and 88865800.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 91923756 and 92220358).

Supports and resistances

95555900 **

94821200 *

94086500 **

93351800

91851928 last

91317600

90833100 **

89599900 *

88865800 **

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