Bitcoin / Yen may rise to 10016900 - 10105700

Our pivot point stands at 9653000.

Our preference

As long as 9653000 is support look for 10105700.

Alternative scenario

Below 9653000, expect 9504800 and 9416600.

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 (9828732) but above its 50 period moving average (9632303).

Supports and resistances

10283400 **

10194600 *

10105700 **

10016900

9828196 last

9711200

9653000 **

9504800 *

9416600 **

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