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.
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 an uptrend after getting lower Bollinger band support
- Price volatility was very high. The market moved ~3.89%, between $16.40k and $15.78k
- BTCUSD expected to see a slight downtrend as the price has been trading between the bands, with upper band resistance expected
- Price at time of publishing: $16,332
- BTC’s market cap: $301 Billion
- Oscillator indicators are mostly neutral. RSI at 61
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed a decrease in value for red candles while observed an increase for blue candles
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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.
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