Bitcoin / Yen may rise to 9519400 - 9635900

Our pivot point is at 9111600.

Our preference

As long as 9111600 is support look for 9635900.

Alternative scenario

The downside breakout of 9111600 would call for 8916300 and 8800100.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (9272795) but above its 50 period moving average (9182685).

Supports and resistances

9868900 **

9752400 *

9635900 **

9519400

9264954 last

9188300

9111600 **

8916300 *

8800100 **

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