Bitcoin / Yen may rise to 10486300 - 10579300

Our pivot point stands at 10149700.

Our preference

As long as 10149700 is support look for 10579300.

Alternative scenario

The downside breakout of 10149700 would call for 9993900 and 9901100.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10285308 and 10247327).

Supports and resistances

10765300 **

10672300 *

10579300 **

10486300

10290896 last

10210900

10149700 **

9993900 *

9901100 **

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