Bitcoin / Yen may fall to 10332500 - 10441300

Our pivot point is at 10948200.

Our preference

The downside prevails as long as 10948200 is resistance.

Alternative scenario

The upside breakout of 10948200, would call for 11133400 and 11243700.

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 10792565 and 10814428).

Supports and resistances

11243700 **

11133400 *

10948200 **

10875400

10689273 last

10441300

10332500 **

10223700 *

10114900 **

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