Bitcoin / Yen may rise to 10901200 - 10992400

Our pivot point is at 10598000.

Our preference

The upside prevails as long as 10598000 is support.

Alternative scenario

Below 10598000, expect 10444800 and 10353600.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10596597 and 10557162).

Supports and resistances

11174800 **

11083600 *

10992400 **

10901200

10718878 last

10658200

10598000 **

10444800 *

10353600 **

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