Bitcoin / Yen may rise to 10429200 - 10517400

10136400 is our pivot point.

Our preference

The upside prevails as long as 10136400 is support.

Alternative scenario

The downside breakout of 10136400 would call for 9988200 and 9900000.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10165450 and 10176420).

Supports and resistances

10693700 **

10605600 *

10517400 **

10429200

10252778 last

10194600

10136400 **

9988200 *

9900000 **

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