Bitcoin / Yen may rise to 9055000 - 9164200

Our pivot point stands at 8664200.

Our preference

As long as 8664200 is support look for 9164200.

Alternative scenario

Below 8664200, expect 8481200 and 8372300.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 8835045 and 8794091).

Supports and resistances

9382800 **

9273500 *

9164200 **

9055000

8836454 last

8736100

8664200 **

8481200 *

8372300 **

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