Bitcoin / Yen may rise to 10995800 - 11105800

10618700 is our pivot point.

Our preference

The upside prevails as long as 10618700 is support.

Alternative scenario

Below 10618700, expect 10434100 and 10324200.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 10697560 and 10681003). Finally, the Bitcoin / Yen has crossed above its upper Bollinger band (10770503).

Supports and resistances

11325700 **

11215800 *

11105800 **

10995800

10775784 last

10691200

10618700 **

10434100 *

10324200 **

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