Bitcoin / Yen may fall to 9714600 - 9799400

10126100 is our pivot point.

Our preference

The downside prevails as long as 10126100 is resistance.

Alternative scenario

Above 10126100, look for 10269200 and 10354400.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10079881 and 10243641).

Supports and resistances

10354400 **

10269200 *

10126100 **

10069800

10004730 last

9799400

9714600 **

9629800 *

9544900 **

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