Cryptocurrency

Bitcoin / Yen may fall to 10094600 - 10181200

2024-06-21

Our pivot point is at 10468500.

Our preference

Eye 10094600.

Alternative scenario

The upside breakout of 10468500, would call for 10613900 and 10700500.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (10382943) but above its 50 period moving average (10346391).

Supports and resistances

10700500 **

10613900 *

10468500 **

10411400

10354297 last

10181200

10094600 **

10008100 *

9921600 **

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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