Bitcoin / Yen may rise to 11013600 - 11123800

Our pivot point stands at 10588200.

Our preference

As long as 10588200 is support look for 11123800.

Alternative scenario

Below 10588200, expect 10404100 and 10294600.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 10765614 and 10718628).

Supports and resistances

11344100 **

11233900 *

11123800 **

11013600

10769402 last

10660500

10588200 **

10404100 *

10294600 **

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