BTCUSD - Upward Today. Price Technical Analysis #68
Market in last 24 hrs
-BTCUSD price movement was less volatile till the last 4H candles where price jumped up with an increase in trade volume. Overall market moved 600 points, between $8.8k and $9.4k
- Price at time of publishing: $9,310
- BTC’s market cap: $167 Billion
Today’s Trend analysis
Price should trend upward today. Oscillators are neutral but compared to yesterday many have now flipped to indicate a upward trend. MACD is above 0, confirming an uptrend. RSI is near 70 and CCI is above 200, confirming that the uptrend is strong.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility.
- Strong uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 68
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud 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 movement was less volatile till the last 4H candles where price jumped up with an increase in trade volume. Overall market moved 600 points, between $8.8k and $9.4k
- Price at time of publishing: $9,310
- BTC’s market cap: $167 Billion
Today’s Trend analysis
Price should trend upward today. Oscillators are neutral but compared to yesterday many have now flipped to indicate a upward trend. MACD is above 0, confirming an uptrend. RSI is near 70 and CCI is above 200, confirming that the uptrend is strong.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility.
- Strong uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 68
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud 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
Zlecenie zamknięto ręcznie:
Price consolidates yesterday.
