BTC - Sideways Today.
Updated
Market in last 24hrs
- BTCUSD price saw a sudden downtrend followed by an uptrend
- Price volatility was high. Market moved ~8%, between 9.1k and 9.8k
Today’s Trend analysis
- Sideways today
- Price at time of publishing: $9,400
- BTC’s market cap: $166 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 39
- ‘Moving average‘ indicators are indicating a downtrend. Ichimoku Cloud is neutral
Price expected to trend sideways today. Most of the Oscillator indicators are neutral. MACD histogram is now in negative zone and MACD line is trending sideways. RSI is below 50 but trending up. CCI too is below its mid-point 0 and trending up. Overall, price is now expected to move sideways today.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- BTCUSD price saw a sudden downtrend followed by an uptrend
- Price volatility was high. Market moved ~8%, between 9.1k and 9.8k
Today’s Trend analysis
- Sideways today
- Price at time of publishing: $9,400
- BTC’s market cap: $166 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 39
- ‘Moving average‘ indicators are indicating a downtrend. Ichimoku Cloud is neutral
Price expected to trend sideways today. Most of the Oscillator indicators are neutral. MACD histogram is now in negative zone and MACD line is trending sideways. RSI is below 50 but trending up. CCI too is below its mid-point 0 and trending up. Overall, price is now expected to move sideways today.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Trade closed: target reached
As predicted by the analysis, price consolidated yesterday. 
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