Bitcoin / Yen may fall to 10190100 - 10279100

Our pivot point stands at 10699800.

Our preference

Target 10190100.

Alternative scenario

The upside breakout of 10699800, would call for 10851000 and 10941000.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (10520468) but above its 50 period moving average (10403223).

Supports and resistances

10941000 **

10851000 *

10699800 **

10640400

10474312 last

10279100

10190100 **

10101200 *

10012200 **

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