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 sideways movement with the price riding the midline band
- Price volatility was very high. The market moved ~6.79%, between $19,340k and $18,109k
- BTCUSD expected to see a downtrend as the price observed a midline retracement with local resistance and Bollinger band squeeze taking place
- Price at time of publishing: $19,018
- BTC’s market cap: $352 Billion
- Oscillator indicators are mostly neutral. RSI at 55
- Moving average indicators are indicating an uptrend Ichimoku Cloud is neutral
- Volume indicators observed a change from decreasing with a decline in price to an increase in volume as the price decrease
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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