Bitcoin / Yen may rise to 11269100 - 11374100

10896200 is our pivot point.

Our preference

The upside prevails as long as 10896200 is support.

Alternative scenario

Below 10896200, expect 10720200 and 10615400.

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 10895435 and 10850098).

Supports and resistances

11584200 **

11479100 *

11374100 **

11269100

11049466 last

10965400

10896200 **

10720200 *

10615400 **

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