Bitcoin / Yen may rise to 10237700 - 10323400

Our pivot point stands at 9953400.

Our preference

Rebound towards 10323400.

Alternative scenario

The downside breakout of 9953400 would call for 9809600 and 9723900.

Comment

The RSI is below its neutrality area at 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 10085742 and 10152140).

Supports and resistances

10494600 **

10409000 *

10323400 **

10237700

10066475 last

10010000

9953400 **

9809600 *

9723900 **

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