Market in last 24hrs
----------------------------------------------------------------------------------------
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 4Hr candles.
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!
- Mudrex
- BTCUSD saw a slight uptrend with the price moving in the upper half of the Bollinger band
- Price volatility was high. The market moved ~6.13%, between $18.421k and $17.356k
- BTCUSD expected to see a sideways movement as the price is moving between the upper band and midline
- Price at time of publishing: $18,278
- BTC’s market cap: $339 Billion
- Oscillator indicators are mostly neutral. RSI at 68
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed an increase in volume as the price increased while the volume decreased with a decline in price
----------------------------------------------------------------------------------------
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 4Hr candles.
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!
- Mudrex