Bitcoin / Yen may rise to 11335500 - 11441100

10965800 is our pivot point.

Our preference

As long as 10965800 is support look for 11441100.

Alternative scenario

Below 10965800, expect 10788600 and 10683200.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 11108047 and 11004535).

Supports and resistances

11652400 **

11546700 *

11441100 **

11335500

11116602 last

11035400

10965800 **

10788600 *

10683200 **

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