Bitcoin / Yen may rise to 9699600 - 9778200

Our pivot point stands at 9390100.

Our preference

The upside prevails as long as 9390100 is support.

Alternative scenario

Below 9390100, expect 9258700 and 9180500.

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 9377022 and 9246859).

Supports and resistances

9935400 **

9856800 *

9778200 **

9699600

9505312 last

9441700

9390100 **

9258700 *

9180500 **

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