Bitcoin / Yen may rise to 10233900 - 10324700

Our pivot point stands at 9898700.

Our preference

As long as 9898700 is support look for 10324700.

Alternative scenario

The downside breakout of 9898700 would call for 9746700 and 9656300.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 9985710 and 9872136).

Supports and resistances

10506200 **

10415400 *

10324700 **

10233900

10048837 last

9958400

9898700 **

9746700 *

9656300 **

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