Market in last 24hrs
- As predicted in the previous analysis, BTCUSD price moved up
- Price volatility was low. Market moved ~2%, between $9.27k and $9.44k
Today’s Trend analysis
- Uptrend today
- Price at time of publishing: $9,410
- BTC’s market cap: $173 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 55
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
Price expected to trend up today. Most of the Oscillator indicators are neutral. MACD line is trending up and has crossed up 0. MACD histogram is in positive zone. RSI is trending almost flat, moving slightly above its midpoint 50. CCI, the more reactive oscillator, has crossed up 100, indicating the bulls are have gained strength. Another interesting point to notice is that on balance volume indicator, which is a leading indicator, is trending up. All factors indicating that bulls are getting stronger. Overall, price is expected to move up today.
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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 .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- As predicted in the previous analysis, BTCUSD price moved up
- Price volatility was low. Market moved ~2%, between $9.27k and $9.44k
Today’s Trend analysis
- Uptrend today
- Price at time of publishing: $9,410
- BTC’s market cap: $173 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 55
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
Price expected to trend up today. Most of the Oscillator indicators are neutral. MACD line is trending up and has crossed up 0. MACD histogram is in positive zone. RSI is trending almost flat, moving slightly above its midpoint 50. CCI, the more reactive oscillator, has crossed up 100, indicating the bulls are have gained strength. Another interesting point to notice is that on balance volume indicator, which is a leading indicator, 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 closed: target reached:
As predicted, price saw an uptrend.
