Bitcoin / Yen may fall to 9402600 - 9484700

Our pivot point is at 9821100.

Our preference

The downside prevails as long as 9821100 is resistance.

Alternative scenario

Above 9821100, look for 9959900 and 10042500.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 9816604 and 10035383).

Supports and resistances

10042500 **

9959900 *

9821100 **

9766600

9709508 last

9484700

9402600 **

9320600 *

9238500 **

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