Bitcoin / Yen may rise to 10520700 - 10614000

Our pivot point stands at 10210900.

Our preference

The upside prevails as long as 10210900 is support.

Alternative scenario

Below 10210900, expect 10054200 and 9960900.

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 10270161 and 10242653).

Supports and resistances

10800600 **

10707300 *

10614000 **

10520700

10334107 last

10272500

10210900 **

10054200 *

9960900 **

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