Bitcoin / Yen may fall to 9730400 - 9815300

Our pivot point is at 10156400.

Our preference

The downside prevails as long as 10156400 is resistance.

Alternative scenario

The upside breakout of 10156400, would call for 10300000 and 10385400.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10113432 and 10181472).

Supports and resistances

10385400 **

10300000 *

10156400 **

10100000

10034905 last

9815300

9730400 **

9645400 *

9560500 **

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