Bitcoin / Yen may rise to 10420400 - 10508500

10096100 is our pivot point.

Our preference

The upside prevails as long as 10096100 is support.

Alternative scenario

The downside breakout of 10096100 would call for 9948600 and 9860700.

Comment

The RSI is above its neutrality area at 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 10188307 and 10183043).

Supports and resistances

10684700 **

10596600 *

10508500 **

10420400

10212074 last

10154100

10096100 **

9948600 *

9860700 **

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