Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
During the past two weeks, the Bitcoin cryptocurrency has plummeted by 46.65% against the USDT. The world's largest digital currency by market cap tested the $30K mark last week.
All things being equal, the BTC/USD currency pair is likely to continue to trend bearish during the following trading sessions. Bearish traders could target the $20,000.
However, a support level at the 30,000.00 mark could provide support for the cryptocurrency exchange rate this week.