Bitcoin / Yen may rise to 11063600 - 11174300

Our pivot point stands at 10650900.

Our preference

As long as 10650900 is support look for 11174300.

Alternative scenario

Below 10650900, expect 10465800 and 10355600.

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 trading under its 20 period moving average (10820451) but above its 50 period moving average (10738430).

Supports and resistances

11395600 **

11284900 *

11174300 **

11063600

10804865 last

10723700

10650900 **

10465800 *

10355600 **

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