Market in last 24 hrs
- BTCUSD price consolidated, moved in a range of +/-90 around $7,700
- Price at time of publishing: $7,745
- BTC’s market cap: $150 Billion
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral. Compared to yesterday some are indicating upward trend. MACD is indicating a sell opportunity. Both CCI and RSI are close to entering overbought zone.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 64
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud indicator is neutral
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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 consolidated, moved in a range of +/-90 around $7,700
- Price at time of publishing: $7,745
- BTC’s market cap: $150 Billion
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral. Compared to yesterday some are indicating upward trend. MACD is indicating a sell opportunity. Both CCI and RSI are close to entering overbought zone.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 64
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud indicator is neutral
----------------------------------------------------------------------------------------
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: stop reached
BTCUSD has seen huge volume in price jumps.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.