Bitcoin / Yen may fall to 10595400 - 10698900

Our pivot point stands at 11062300.

Our preference

The downside prevails as long as 11062300 is resistance.

Alternative scenario

Above 11062300, look for 11236600 and 11340300.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 11007076 and 11062787).

Supports and resistances

11340300 **

11236600 *

11062300 **

10993800

10919901 last

10698900

10595400 **

10491800 *

10388200 **

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