Cryptocurrency

Bitcoin / Yen may rise to 10441700 - 10534300

2024-10-18

Our pivot point is at 10077100.

Our preference

The upside prevails as long as 10077100 is support.

Alternative scenario

Below 10077100, expect 9922400 and 9830300.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10113231 and 10110634).

Supports and resistances

10719500 **

10626900 *

10534300 **

10441700

10231238 last

10137900

10077100 **

9922400 *

9830300 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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