Bitcoin / Yen may rise to 10304200 - 10395600

Our pivot point is at 10000800.

Our preference

The upside prevails as long as 10000800 is support.

Alternative scenario

Below 10000800, expect 9847300 and 9755900.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10082228 and 10089920).

Supports and resistances

10578400 **

10487000 *

10395600 **

10304200

10121473 last

10061200

10000800 **

9847300 *

9755900 **

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