Bitcoin / Yen may rise to 11154700 - 11258600

Our pivot point stands at 10808600.

Our preference

The upside prevails as long as 10808600 is support.

Alternative scenario

Below 10808600, expect 10634000 and 10530000.

Comment

The RSI is above 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 10926719 and 10924903).

Supports and resistances

11466500 **

11362600 *

11258600 **

11154700

10945824 last

10877200

10808600 **

10634000 *

10530000 **

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