Cryptocurrency

Bitcoin / Yen may rise to 10015300 - 10101400

2024-10-15

Our pivot point is at 9729400.

Our preference

As long as 9729400 is support look for 10101400.

Alternative scenario

The downside breakout of 9729400 would call for 9584700 and 9498600.

Comment

The RSI is above 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 9795155 and 9546452).

Supports and resistances

10273600 **

10187500 *

10101400 **

10015300

9843052 last

9786200

9729400 **

9584700 *

9498600 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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