Bitcoin / Yen may rise to 9973600 - 10059300

Our pivot point stands at 9657400.

Our preference

As long as 9657400 is support look for 10059300.

Alternative scenario

Below 9657400, expect 9513800 and 9428300.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (9822723) but above its 50 period moving average (9580586).

Supports and resistances

10230800 **

10145100 *

10059300 **

9973600

9787808 last

9713800

9657400 **

9513800 *

9428300 **

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