Bitcoin / Yen may fall to 9720500 - 9810700

Our pivot point stands at 10200000.

Our preference

Eye 9720500.

Alternative scenario

The upside breakout of 10200000, would call for 10352900 and 10443900.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under its 20 period moving average (10109493) but above its 50 period moving average (10049482).

Supports and resistances

10443900 **

10352900 *

10200000 **

10139900

10059404 last

9810700

9720500 **

9630300 *

9540100 **

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