Bitcoin / Yen may rise to 10454800 - 10540800

Our pivot point stands at 10169300.

Our preference

Rebound towards 10540800.

Alternative scenario

The downside breakout of 10169300 would call for 10024900 and 9939000.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10300242 and 10381204).

Supports and resistances

10712700 **

10626700 *

10540800 **

10454800

10282767 last

10226000

10169300 **

10024900 *

9939000 **

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