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.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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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 uptrend with a gap up in price observed
- Price volatility was very high. The market moved ~8.55%, between $19,915k and $18,345k
- BTCUSD expected to see a continued uptrend as price observed higher lows with Bollinger band moving upward
- Price at time of publishing: $19,395.29
- BTC’s market cap: $359 Billion
- Oscillator indicators are mostly neutral. RSI at 66
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed an increase with the price increase while a decrease in volume was observed with the price decline
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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.
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