Bitcoin / Yen may rise to 10438200 - 10530800

Our pivot point stands at 10118800.

Our preference

As long as 10118800 is support look for 10530800.

Alternative scenario

Below 10118800, expect 9963400 and 9871000.

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 above its 20 and 50 period moving average (respectively at 10246841 and 10169726).

Supports and resistances

10715900 **

10623300 *

10530800 **

10438200

10250337 last

10179800

10118800 **

9963400 *

9871000 **

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