Bitcoin / Yen may fall to 9208200 - 9288600

Our pivot point is at 9619300.

Our preference

The downside prevails as long as 9619300 is resistance.

Alternative scenario

The upside breakout of 9619300, would call for 9755200 and 9836100.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 9631062 and 9862710).

Supports and resistances

9836100 **

9755200 *

9619300 **

9565900

9502752 last

9288600

9208200 **

9127800 *

9047400 **

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