Cryptocurrency

Bitcoin / Yen may rise to 10049000 - 10133100

2024-06-26

9746600 is our pivot point.

Our preference

As long as 9746600 is support look for 10133100.

Alternative scenario

The downside breakout of 9746600 would call for 9605700 and 9521800.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (9885267) but above its 50 period moving average (9789211).

Supports and resistances

10301200 **

10217200 *

10133100 **

10049000

9880539 last

9801900

9746600 **

9605700 *

9521800 **

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

Introduction to Tradingtop Site


Return to All Articles