Cryptocurrency

Bitcoin / Yen may rise to 10236400 - 10322000

2024-07-19

9896700 is our pivot point.

Our preference

Rebound towards 10322000.

Alternative scenario

The downside breakout of 9896700 would call for 9753700 and 9668500.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10072805 and 10115512).

Supports and resistances

10493300 **

10407600 *

10322000 **

10236400

10012237 last

9952900

9896700 **

9753700 *

9668500 **

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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