Bitcoin / Yen may rise to 10311200 - 10402600

Our pivot point stands at 10004600.

Our preference

As long as 10004600 is support look for 10402600.

Alternative scenario

Below 10004600, expect 9851000 and 9759600.

Comment

The RSI is above 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 10114204 and 9984985).

Supports and resistances

10585500 **

10494100 *

10402600 **

10311200

10125243 last

10064900

10004600 **

9851000 *

9759600 **

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