Bitcoin / Yen may rise to 9166900 - 9277600

Our pivot point stands at 8749900.

Our preference

The upside prevails as long as 8749900 is support.

Alternative scenario

Below 8749900, expect 8565200 and 8455200.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 8779931 and 8748441).

Supports and resistances

9498800 **

9388200 *

9277600 **

9166900

8895128 last

8822500

8749900 **

8565200 *

8455200 **

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