Bitcoin / Yen may rise to 10372600 - 10464500

Our pivot point stands at 10067100.

Our preference

Rebound towards 10464500.

Alternative scenario

The downside breakout of 10067100 would call for 9912600 and 9820600.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (10188413) but below its 50 period moving average (10234534).

Supports and resistances

10648500 **

10556500 *

10464500 **

10372600

10188555 last

10127800

10067100 **

9912600 *

9820600 **

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