Bitcoin / Yen may rise to 10439800 - 10532400

Our pivot point is at 10122800.

Our preference

The upside prevails as long as 10122800 is support.

Alternative scenario

Below 10122800, expect 9967400 and 9874900.

Comment

The RSI is above its neutrality area at 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 10235307 and 10233902).

Supports and resistances

10717600 **

10625000 *

10532400 **

10439800

10247460 last

10183900

10122800 **

9967400 *

9874900 **

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