Cryptocurrency

Bitcoin / Yen may rise to 10661900 - 10749600

2024-06-20

10253200 is our pivot point.

Our preference

Rise to 10749600.

Alternative scenario

Below 10253200, expect 10107600 and 10021000.

Comment

The RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10363644 and 10324587).

Supports and resistances

10924900 **

10837200 *

10749600 **

10661900

10367627 last

10310400

10253200 **

10107600 *

10021000 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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