Cryptocurrency

Bitcoin / Yen may rise to 10375000 - 10467000

2024-10-18

10033100 is our pivot point.

Our preference

As long as 10033100 is support look for 10467000.

Alternative scenario

Below 10033100, expect 9879000 and 9787400.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10147215 and 10125906).

Supports and resistances

10651100 **

10559100 *

10467000 **

10375000

10155328 last

10093600

10033100 **

9879000 *

9787400 **

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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