Bitcoin / Yen may rise to 10320700 - 10412200

10016000 is our pivot point.

Our preference

The upside prevails as long as 10016000 is support.

Alternative scenario

Below 10016000, expect 9862200 and 9770700.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10096461 and 10102026).

Supports and resistances

10595300 **

10503800 *

10412200 **

10320700

10136783 last

10076400

10016000 **

9862200 *

9770700 **

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