Bitcoin / Yen may fall to 10208000 - 10302100

Our pivot point is at 10649800.

Our preference

The downside prevails as long as 10649800 is resistance.

Alternative scenario

Above 10649800, look for 10808500 and 10903000.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10621232 and 10670878).

Supports and resistances

10903000 **

10808500 *

10649800 **

10587500

10503024 last

10302100

10208000 **

10113800 *

10019600 **

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