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.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
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 price riding the upper band
- Price volatility was very high. The market moved ~5.92%, between $13.86k and $13.08k
- BTCUSD expected to see a downtrend as the price after riding the upper band got a rejection from the upper band with Bollinger band expanding and lower highs observed
- Price at time of publishing: $13,435
- BTC’s market cap: $251 Billion
- Oscillator indicators are mostly neutral. RSI at 60
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed a change from an increase in volume with a price increase to a decrease in volume with a 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.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
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