Bitcoin / Yen may rise to 11032300 - 11146400

Our pivot point stands at 10631900.

Our preference

The upside prevails as long as 10631900 is support.

Alternative scenario

Below 10631900, expect 10440700 and 10326800.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 10757046 and 10730433).

Supports and resistances

11374500 **

11260400 *

11146400 **

11032300

10789752 last

10707000

10631900 **

10440700 *

10326800 **

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