Bitcoin / Yen may rise to 11192900 - 11297200

Our pivot point stands at 10828400.

Our preference

The upside prevails as long as 10828400 is support.

Alternative scenario

Below 10828400, expect 10653500 and 10549300.

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 10942135 and 10926335).

Supports and resistances

11505800 **

11401500 *

11297200 **

11192900

10977757 last

10897100

10828400 **

10653500 *

10549300 **

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