Bitcoin / Yen may rise to 10452900 - 10541300

10110800 is our pivot point.

Our preference

The upside prevails as long as 10110800 is support.

Alternative scenario

Below 10110800, expect 9963000 and 9875100.

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 trading above both its 20 and 50 period moving average (respectively at 10198619 and 10187633).

Supports and resistances

10718000 **

10629600 *

10541300 **

10452900

10263406 last

10168900

10110800 **

9963000 *

9875100 **

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