Cryptocurrency

Bitcoin / Yen may rise to 10547300 - 10635500

2024-07-30

Our pivot point is at 10184300.

Our preference

Rebound towards 10635500.

Alternative scenario

Below 10184300, expect 10037100 and 9949500.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10340417 and 10474504).

Supports and resistances

10812000 **

10723700 *

10635500 **

10547300

10320695 last

10242200

10184300 **

10037100 *

9949500 **

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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