Bitcoin / Yen may rise to 9510200 - 9592000

Our pivot point is at 9235600.

Our preference

Rebound towards 9592000.

Alternative scenario

The downside breakout of 9235600 would call for 9098300 and 9016500.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 9346490 and 9371829).

Supports and resistances

9755500 **

9673800 *

9592000 **

9510200

9343493 last

9289500

9235600 **

9098300 *

9016500 **

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