Bitcoin / South Korean won may rise to 94260900 - 95002800

Our pivot point stands at 91703300.

Our preference

The upside prevails as long as 91703300 is support.

Alternative scenario

Below 91703300, expect 90458300 and 89717200.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 91852146 and 91881201). Finally, the Bitcoin / South Korean won is trading above its upper Bollinger band (standing at 92598478).

Supports and resistances

96486500 **

95744600 *

95002800 **

94260900

92731975 last

92192400

91703300 **

90458300 *

89717200 **

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