Bitcoin / Yen may rise to 9517900 - 9634300

Our pivot point stands at 9123200.

Our preference

As long as 9123200 is support look for 9634300.

Alternative scenario

Below 9123200, expect 8927800 and 8811400.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 9269172 and 9264269).

Supports and resistances

9867200 **

9750800 *

9634300 **

9517900

9276830 last

9200000

9123200 **

8927800 *

8811400 **

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