Cryptocurrency

Bitcoin / Yen may rise to 11162300 - 11266300

2024-06-10

10816900 is our pivot point.

Our preference

The upside prevails as long as 10816900 is support.

Alternative scenario

Below 10816900, expect 10642100 and 10538100.

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 10933147 and 10924972).

Supports and resistances

11474400 **

11370300 *

11266300 **

11162300

10954219 last

10885600

10816900 **

10642100 *

10538100 **

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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