Bitcoin / Yen may rise to 10422800 - 10508500

Our pivot point is at 10111300.

Our preference

Rebound towards 10508500.

Alternative scenario

Below 10111300, expect 9967700 and 9882300.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (10238198) but under its 50 period moving average (10310145).

Supports and resistances

10679900 **

10594200 *

10508500 **

10422800

10244904 last

10167700

10111300 **

9967700 *

9882300 **

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