Bitcoin / Yen may rise to 10317300 - 10403600

Our pivot point is at 10025600.

Our preference

Rebound towards 10403600.

Alternative scenario

The downside breakout of 10025600 would call for 9880700 and 9794400.

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 10188458 and 10366950).

Supports and resistances

10576200 **

10489900 *

10403600 **

10317300

10144735 last

10082500

10025600 **

9880700 *

9794400 **

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