Bitcoin / Yen may rise to 10485400 - 10571600

Our pivot point is at 10179500.

Our preference

The upside prevails as long as 10179500 is support.

Alternative scenario

Below 10179500, expect 10034900 and 9948900.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10236997 and 10303426).

Supports and resistances

10744000 **

10657800 *

10571600 **

10485400

10308872 last

10236300

10179500 **

10034900 *

9948900 **

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