Bitcoin / Yen may fall to 10074900 - 10161300

Our pivot point is at 10477900.

Our preference

Target 10074900.

Alternative scenario

Above 10477900, look for 10623400 and 10710000.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (10380793) but above its 50 period moving average (10335525).

Supports and resistances

10710000 **

10623400 *

10477900 **

10420700

10353912 last

10161300

10074900 **

9988500 *

9902200 **

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