Bitcoin / Yen may fall to 9941100 - 10033300

Our pivot point is at 10379900.

Our preference

Under pressure below 10379900.

Alternative scenario

Above 10379900, look for 10535400 and 10628100.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10282821 and 10247412).

Supports and resistances

10628100 **

10535400 *

10379900 **

10318700

10233028 last

10033300

9941100 **

9848800 *

9756600 **

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