Bitcoin / Yen may fall to 10000300 - 10086100

Our pivot point is at 10382600.

Our preference

The downside prevails as long as 10382600 is resistance.

Alternative scenario

The upside breakout of 10382600, would call for 10526800 and 10612600.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 10288713 and 10284221).

Supports and resistances

10612600 **

10526800 *

10382600 **

10325900

10262938 last

10086100

10000300 **

9914600 *

9828900 **

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