Bitcoin / Yen may rise to 10455200 - 10541200

Our pivot point stands at 10168300.

Our preference

As long as 10168300 is support look for 10541200.

Alternative scenario

The downside breakout of 10168300 would call for 10023900 and 9938000.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (10287067) but above its 50 period moving average (10273892).

Supports and resistances

10713100 **

10627100 *

10541200 **

10455200

10283056 last

10225000

10168300 **

10023900 *

9938000 **

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