Bitcoin / Yen may fall to 9821500 - 9907300

Our pivot point is at 10243300.

Our preference

The downside prevails as long as 10243300 is resistance.

Alternative scenario

Above 10243300, look for 10388000 and 10474200.

Comment

The RSI is below 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 10268039 and 10437078).

Supports and resistances

10474200 **

10388000 *

10243300 **

10186400

10128490 last

9907300

9821500 **

9735800 *

9650100 **

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