Bitcoin / Yen may fall to 10413800 - 10527300

Our pivot point stands at 10932100.

Our preference

The downside prevails as long as 10932100 is resistance.

Alternative scenario

Above 10932100, look for 11123300 and 11237100.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10809233 and 10833387).

Supports and resistances

11237100 **

11123300 *

10932100 **

10856900

10770939 last

10527300

10413800 **

10300200 *

10186700 **

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