Cryptocurrency

Bitcoin / Yen may rise to 10576600 - 10665100

2024-07-30

Our pivot point stands at 10259300.

Our preference

Rebound towards 10665100.

Alternative scenario

Below 10259300, expect 10111000 and 10022700.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (10377033) but below its 50 period moving average (10482246).

Supports and resistances

10842000 **

10753500 *

10665100 **

10576600

10382197 last

10317500

10259300 **

10111000 *

10022700 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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