Cryptocurrency

Bitcoin / Yen may rise to 10297100 - 10383200

2024-07-31

Our pivot point stands at 10011100.

Our preference

Rebound towards 10383200.

Alternative scenario

Below 10011100, expect 9866400 and 9780300.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10211371 and 10385143).

Supports and resistances

10555500 **

10469400 *

10383200 **

10297100

10124815 last

10068000

10011100 **

9866400 *

9780300 **

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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