Bitcoin / Yen may rise to 11325500 - 11431000

Our pivot point is at 10935100.

Our preference

As long as 10935100 is support look for 11431000.

Alternative scenario

The downside breakout of 10935100 would call for 10758400 and 10653200.

Comment

The RSI is above 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 11084762 and 10930230).

Supports and resistances

11642100 **

11536500 *

11431000 **

11325500

11114363 last

11004500

10935100 **

10758400 *

10653200 **

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