Mudrex
Long

BTCUSD - Local Uptrend Today. Volatility is low = Breakout soon!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Market in last 24hrs
- BTCUSD price continued sideways movement
- Price volatility was low. Market moved ~1.5%, between $9.07k and $9.19k

Today’s Trend analysis
- Weak Uptrend today
- Price at time of publishing: $9,156
- BTC’s market cap: $168 Billion
- Oscillator indicators are mostly neutral with a bias towards upward momentum. RSI at 51
- Moving average indicators are mixed. Ichimoku Cloud is neutral
- Volume indicators are supporting an uptrend

Price expected to trend up today. Most of the Oscillator indicators are neutral with a bias towards positive momentum. MACD line is trending up and is about to crossed up 0 and MACD histogram is in positive zone. RSI and CCI , are trending up and are above their midpoints. On balance volume indicator too is trending up. All factors indicating that bulls are getting stronger. Overall, price is expected to move up today.
----------------------------------------------------------------------------------------

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!

- Mudrex
Trade active: As predicted, we are seeing a price breakout.

About Mudrex:

Mudrex.com is the best platform to build NO-code Crypto auto-trading bot.

Individuals can invest in verified bots created by professional traders.

Signup now & get $25 bonus - https://bit.ly/2ZMjMFn

Discord - https://bit.ly/discordMX

Comments

Thankyou for the analysis
+1 Reply
Mudrex Stargazer_fx
@Stargazer_fx, thank you.
Reply
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
Reply
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Reply
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.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out