Bitcoin / South Korean won may rise to 94657200 - 95402200

91259600 is our pivot point.

Our preference

The upside prevails as long as 91259600 is support.

Alternative scenario

Below 91259600, expect 90020600 and 89283100.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 92161211 and 91930054).

Supports and resistances

96892100 **

96147200 *

95402200 **

94657200

92276887 last

91746400

91259600 **

90020600 *

89283100 **

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