Market in last 24hrs
----------------------------------------------------------------------------------------
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
- BTCUSD saw an upward movement with the price observing support at the lower Bollinger band
- Price volatility was high. The market moved ~6.62%, between $18.777k and $17.610k
- BTCUSD expected to see a slight uptrend as the price observed lower band support and Bollinger band squeeze taking place
- Price at time of publishing: $18,629
- BTC’s market cap: $345 Billion
- Oscillator indicators are mostly neutral. RSI at 58
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed a change from an increase in volume with price decline to an increase in volume with the price increase
----------------------------------------------------------------------------------------
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