Bitcoin / Yen may rise to 10513600 - 10600000

Our pivot point is at 10206000.

Our preference

Our next up target stands at 10600000.

Alternative scenario

Below 10206000, expect 10061100 and 9974900.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10304894 and 10317548).

Supports and resistances

10772900 **

10686500 *

10600000 **

10513600

10324190 last

10263000

10206000 **

10061100 *

9974900 **

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