Market in last 24hrs
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community as well as follow to stay updated with new ideas!
- Mudrex
- BTCUSD saw consolidation after the price declined to get the lower Bollinger band support
- Price volatility was very high. The market moved ~5.57%, between $13.49k and $12.78k
- BTCUSD expected to see an uptrend as the price after getting support from the lower band saw an uptrend with higher lows and the Bollinger band started to expand
- Price at time of publishing: $13,408
- BTC’s market cap: $245 Billion
- Oscillator indicators are mostly neutral. RSI at 68
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed a change from an increase in volume with price decline to an increase in volume with price increase
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community as well as follow to stay updated with new ideas!
- Mudrex