Bitcoin / Yen may rise to 10053700 - 10140100

9766000 is our pivot point.

Our preference

As long as 9766000 is support look for 10140100.

Alternative scenario

Below 9766000, expect 9620800 and 9534400.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 9766811 and 9530298).

Supports and resistances

10313000 **

10226500 *

10140100 **

10053700

9880107 last

9823100

9766000 **

9620800 *

9534400 **

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