Bitcoin / Yen may fall to 9067500 - 9148900

9421300 is our pivot point.

Our preference

The downside prevails as long as 9421300 is resistance.

Alternative scenario

Above 9421300, look for 9558200 and 9639700.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 9353298 and 9373532).

Supports and resistances

9639700 **

9558200 *

9421300 **

9367600

9346537 last

9148900

9067500 **

8986000 *

8904500 **

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