Market in last 24 hrs
- As predicted in the previous analysis, BTCUSD price moved up. Market moved ~6%, between $8.7k and $9.2k
- Price at time of publishing: $9,145
- BTC’s market cap: $169 Billion
Today’s Trend analysis
Price expected to move up today. Most of the Oscillator indicators are neutral. MACD histogram continues to be in positive zone. RSI and CCI are trending up, currently at 57 and 150, indicating that bulls are gaining strength and are in control. Interesting point to note is that the price is now at the upper Bollinger Band, hence price is not expected to move up drastically.
- Weak uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. 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!
- As predicted in the previous analysis, BTCUSD price moved up. Market moved ~6%, between $8.7k and $9.2k
- Price at time of publishing: $9,145
- BTC’s market cap: $169 Billion
Today’s Trend analysis
Price expected to move up today. Most of the Oscillator indicators are neutral. MACD histogram continues to be in positive zone. RSI and CCI are trending up, currently at 57 and 150, indicating that bulls are gaining strength and are in control. Interesting point to note is that the price is now at the upper Bollinger Band, hence price is not expected to move up drastically.
- Weak uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. 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!
Trade active:
BTC price is moving in the range specified in the analysis.
Trade closed: target reached:
As predicted, BTC moved in specified region.
