Bitcoin / Yen may fall to 8411300 - 8519400

8888800 is our pivot point.

Our preference

Eye 8411300.

Alternative scenario

The upside breakout of 8888800, would call for 9070400 and 9178600.

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 is below its 20 period moving average (8740747) but above its 50 period moving average (8739613).

Supports and resistances

9178600 **

9070400 *

8888800 **

8817400

8739836 last

8519400

8411300 **

8303300 *

8195300 **

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