Bitcoin / Yen may rise to 11359700 - 11465600

Our pivot point stands at 10976100.

Our preference

As long as 10976100 is support look for 11465600.

Alternative scenario

The downside breakout of 10976100 would call for 10798800 and 10693200.

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 11104338 and 11044476).

Supports and resistances

11677300 **

11571500 *

11465600 **

11359700

11122769 last

11045800

10976100 **

10798800 *

10693200 **

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