Bitcoin / Yen may rise to 9989200 - 10075100

Our pivot point stands at 9684000.

Our preference

As long as 9684000 is support look for 10075100.

Alternative scenario

Below 9684000, expect 9540000 and 9454300.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (9834668) but above its 50 period moving average (9598007).

Supports and resistances

10246900 **

10161000 *

10075100 **

9989200

9816460 last

9740500

9684000 **

9540000 *

9454300 **

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