Bitcoin / Yen may rise to 10716100 - 10810500

Our pivot point stands at 10398000.

Our preference

The upside prevails as long as 10398000 is support.

Alternative scenario

Below 10398000, expect 10239300 and 10144800.

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 10492397 and 10460602).

Supports and resistances

10999500 **

10905000 *

10810500 **

10716100

10527088 last

10460300

10398000 **

10239300 *

10144800 **

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