Bitcoin / Yen may rise to 10311700 - 10403200

Our pivot point is at 10005200.

Our preference

As long as 10005200 is support look for 10403200.

Alternative scenario

Below 10005200, expect 9851600 and 9760200.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (10132435) but above its 50 period moving average (10007100).

Supports and resistances

10586100 **

10494600 *

10403200 **

10311700

10126180 last

10065600

10005200 **

9851600 *

9760200 **

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