Bitcoin / Yen may fall to 10278400 - 10368100

10817000 is our pivot point.

Our preference

Under pressure below 10817000.

Alternative scenario

The upside breakout of 10817000, would call for 10969900 and 11060900.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10643265 and 10583368).

Supports and resistances

11060900 **

10969900 *

10817000 **

10757000

10549315 last

10368100

10278400 **

10188700 *

10098900 **

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