Bitcoin / Yen may rise to 9528600 - 9605900

Our pivot point stands at 9266500.

Our preference

The upside prevails as long as 9266500 is support.

Alternative scenario

Below 9266500, expect 9136900 and 9059700.

Comment

The RSI is above 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 9291849 and 9156724).

Supports and resistances

9760300 **

9683100 *

9605900 **

9528600

9374194 last

9317500

9266500 **

9136900 *

9059700 **

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