Bitcoin / Yen may fall to 10453700 - 10567700

10966200 is our pivot point.

Our preference

The downside prevails as long as 10966200 is resistance.

Alternative scenario

Above 10966200, look for 11158100 and 11272200.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 10803933 and 10833299).

Supports and resistances

11272200 **

11158100 *

10966200 **

10890900

10802852 last

10567700

10453700 **

10339700 *

10225700 **

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