Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Neutral | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇒ | ⇒ |
During last week trading sessions, the Bitcoin cryptocurrency depreciated about 22.76% in value against the US Dollar.
The pair is currently testing a resistance cluster formed by the 200-hour simple moving average and the monthly pivot point at 10955.3.
If the resistance cluster holds, the BTC/USD pair could aim at the $8000 mark during next week's trading sessions.
However, if the BTC passes the resistance cluster as mentioned earlier, a surge towards the 12505.9 could be the target for bullish traders during the following trading sessions.