Bitcoin / Yen may fall to 9574700 - 9658300

Our pivot point stands at 9951500.

Our preference

Technical rebound towards 9951500 before a new drop.

Alternative scenario

Above 9951500, look for 10092100 and 10175900.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (9820903) but below its 50 period moving average (9846592).

Supports and resistances

10175900 **

10092100 *

9951500 **

9896200

9836592 last

9658300

9574700 **

9491100 *

9407500 **

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