BTCUSD - Upward Trend Today. Price Technical Analysis #63
Market in last 24 hrs
- BTCUSD has been very volatile. Market moved more than 14%, between $8.1k to $9.5k. Second last 4H candle saw a movement of 8%
- Price at time of publishing: $8,890
- BTC’s market cap: $163 Billion
Today’s Trend analysis
Price should trend up today. Oscillators are neutral but with a strong bias towards buy side. MACD is indicating a buy opportunity. CCI and RSI both are in over-bought zone. A trend reversal is just around the corner.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility.
- Uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
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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 has been very volatile. Market moved more than 14%, between $8.1k to $9.5k. Second last 4H candle saw a movement of 8%
- Price at time of publishing: $8,890
- BTC’s market cap: $163 Billion
Today’s Trend analysis
Price should trend up today. Oscillators are neutral but with a strong bias towards buy side. MACD is indicating a buy opportunity. CCI and RSI both are in over-bought zone. A trend reversal is just around the corner.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility.
- Uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
----------------------------------------------------------------------------------------
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
Сделка закрыта: достигнута тейк-профит цена:
As predicted, BTCUSD saw a uptrend.
