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!
- Mudrex
- BTCUSD consolidated followed by rejection from the upper band
- Price volatility was high. The market moved ~3.96%, between $10.99k and $10.57k
- BTCUSD expected to see a downtrend as the price got rejected from the midline with the Bollinger band expansion taking place
- Price at time of publishing: $10,580
- BTC’s market cap: $196 Billion
- Oscillator indicators are mostly neutral. RSI at 36
- Moving average indicators are indicating a downtrend. Ichimoku Cloud is neutral
- Volume indicators observed a decrease as the price increased with a spike with a sudden fall in price
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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!
- Mudrex