Bitcoin / Yen may rise to 10182100 - 10272400

Our pivot point stands at 9821500.

Our preference

The upside prevails as long as 9821500 is support.

Alternative scenario

The downside breakout of 9821500 would call for 9670700 and 9581000.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 9859260 and 9719701).

Supports and resistances

10453000 **

10362700 *

10272400 **

10182100

9985194 last

9880700

9821500 **

9670700 *

9581000 **

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