BTCUSD - Sideways Trend Today. Price Technical Analysis #82
Market in last 24 hrs
- BTCUSD price consolidated. Market moved ~3%, between $9.1k and $9.3k
- Price at time of publishing: $9,173
- BTC’s market cap: $169 Billion
Today’s Trend analysis
Price expected to move sideways today. Most of the Oscillator indicators are neutral. MACD histogram is in positive zone. RSI and CCI are weakly trending down but not far from neutral zone. Overall, marketed conditions imply that both bulls and bears are not in control.
- Sideways trend today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 43
- ‘Moving average‘ indicators have flipped to indicate a downtrend. Ichimoku Cloud is neutral
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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!
- BTCUSD price consolidated. Market moved ~3%, between $9.1k and $9.3k
- Price at time of publishing: $9,173
- BTC’s market cap: $169 Billion
Today’s Trend analysis
Price expected to move sideways today. Most of the Oscillator indicators are neutral. MACD histogram is in positive zone. RSI and CCI are weakly trending down but not far from neutral zone. Overall, marketed conditions imply that both bulls and bears are not in control.
- Sideways trend today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 43
- ‘Moving average‘ indicators have flipped to indicate a downtrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
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!
Trade active:
As predicted, BTCUSD is consolidating.
Trade closed: target reached:
As predicted in above analysis, BTCUSD price consolidated and moved in above region.
