Bitcoin / Yen may rise to 10362800 - 10454700

Our pivot point stands at 10022700.

Our preference

As long as 10022700 is support look for 10454700.

Alternative scenario

The downside breakout of 10022700 would call for 9868800 and 9777200.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 10087272 and 9958762).

Supports and resistances

10638500 **

10546600 *

10454700 **

10362800

10152550 last

10083100

10022700 **

9868800 *

9777200 **

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