Cryptocurrency

Bitcoin / Yen may rise to 11349800 - 11455600

2024-06-07

Our pivot point stands at 10956300.

Our preference

The upside prevails as long as 10956300 is support.

Alternative scenario

Below 10956300, expect 10779300 and 10673900.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 11096845 and 11099018).

Supports and resistances

11667200 **

11561400 *

11455600 **

11349800

11101652 last

11025800

10956300 **

10779300 *

10673900 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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