Cryptocurrency

Bitcoin / Yen may rise to 10249300 - 10335100

2024-07-19

Our pivot point stands at 9964700.

Our preference

Rebound towards 10335100.

Alternative scenario

Below 9964700, expect 9820700 and 9735000.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10097486 and 10164148).

Supports and resistances

10506500 **

10420800 *

10335100 **

10249300

10077872 last

10021300

9964700 **

9820700 *

9735000 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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