Bitcoin / Yen may rise to 10430800 - 10519000

Our pivot point stands at 10103500.

Our preference

The upside prevails as long as 10103500 is support.

Alternative scenario

Below 10103500, expect 9955800 and 9867900.

Comment

The RSI is above 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 10191387 and 10194850).

Supports and resistances

10695400 **

10607200 *

10519000 **

10430800

10243889 last

10161500

10103500 **

9955800 *

9867900 **

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