Bitcoin / Yen may rise to 10251800 - 10342700

Our pivot point is at 9903600.

Our preference

The upside prevails as long as 9903600 is support.

Alternative scenario

The downside breakout of 9903600 would call for 9751600 and 9661100.

Comment

The RSI is above its neutrality area at 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 9962112 and 9852771).

Supports and resistances

10524500 **

10433600 *

10342700 **

10251800

10039123 last

9963400

9903600 **

9751600 *

9661100 **

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