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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- Mudrex
- BTCUSD saw a downtrend as the price after declining to get support from the lower band to consolidate
- Price volatility was high. The market moved ~3.92%, between $10.54k and $10.31k
- BTCUSD expected to see an uptrend, price trading between midline and lower band followed by getting support from the lower band with Bollinger band expansion
- Price at time of publishing: $10,409
- BTC’s market cap: $192 Billion
- Oscillator indicators are mostly neutral. RSI at 42
- Moving average indicators are indicating a downtrend. Ichimoku Cloud is neutral
- Volume indicators from observing a decrease in volume as a price increase to increase in volume as the price increased
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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