Cryptocurrency

Bitcoin / Yen may rise to 10363300 - 10451000

2024-10-24

Our pivot point is at 10072300.

Our preference

Our next up target stands at 10451000.

Alternative scenario

The downside breakout of 10072300 would call for 9925000 and 9837400.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 10158322 and 10170750).

Supports and resistances

10626200 **

10538600 *

10451000 **

10363300

10188073 last

10130100

10072300 **

9925000 *

9837400 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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