Bitcoin / Yen may rise to 10432000 - 10520200

Our pivot point is at 10136500.

Our preference

The upside prevails as long as 10136500 is support.

Alternative scenario

The downside breakout of 10136500 would call for 9988400 and 9900200.

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 10174829 and 10180438).

Supports and resistances

10696700 **

10608400 *

10520200 **

10432000

10255414 last

10194700

10136500 **

9988400 *

9900200 **

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