Bitcoin / Yen may rise to 10455200 - 10542600

Our pivot point stands at 10137200.

Our preference

Rebound towards 10542600.

Alternative scenario

The downside breakout of 10137200 would call for 9990600 and 9903400.

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 10332620 and 10486467).

Supports and resistances

10717500 **

10630100 *

10542600 **

10455200

10269933 last

10194700

10137200 **

9990600 *

9903400 **

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