Bitcoin / Yen may rise to 10694800 - 10784200

10353700 is our pivot point.

Our preference

As long as 10353700 is support look for 10784200.

Alternative scenario

The downside breakout of 10353700 would call for 10204100 and 10115000.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 10441176 and 10234760).

Supports and resistances

10963100 **

10873700 *

10784200 **

10694800

10494534 last

10412500

10353700 **

10204100 *

10115000 **

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