Bitcoin / Yen may rise to 10206800 - 10297300

9905900 is our pivot point.

Our preference

The upside prevails as long as 9905900 is support.

Alternative scenario

Below 9905900, expect 9753800 and 9663300.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 9937291 and 9834201).

Supports and resistances

10478400 **

10387900 *

10297300 **

10206800

10025373 last

9965600

9905900 **

9753800 *

9663300 **

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