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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- Mudrex
- BTCUSD saw a downtrend with midline changing from support to resistance
- Price volatility was very high. The market moved ~6.39%, between $13.71k and $12.89k
- BTCUSD expected to see a downtrend as the price after getting the midline support soon turned into resistance to see a downmove
- Price at time of publishing: $13,142
- BTC’s market cap: $243 Billion
- Oscillator indicators are mostly neutral. RSI at 47
- Moving average indicators are indicating a downtrend Ichimoku Cloud is neutral
- Volume indicators observed an increase as the price saw a decline followed by a decrease in volume as the price increase
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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 as well as follow to stay updated with new ideas!
- Mudrex