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 a continued uptrend with the price riding the upper band with high volumes
- Price volatility was very high. The market moved ~11.12%, between $18.48k and $16.63k
- BTCUSD expected to see an uptrend as the price has been riding the upper band with higher lows and the Bollinger band expansion
- Price at time of publishing: $18,177
- BTC’s market cap: $337 Billion
- Oscillator indicators are mostly neutral. RSI at 82
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed an increase in volume for blue candles while the low value for a red candle
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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