BTC/USD 4H Chart: Hits $5400 mark

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralSellNeutral
Stochastic(5;3;3)NeutralNeutralSell
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)SellBuyBuy
Aggregate

The Bitcoin cryptocurrency has appreciated about 30.15% against the US Dollar since last week's trading session. The pair reached the $5400 mark during yesterday's trading session.

As for the near future, it is likely that the BTC/USD exchange rate makes a retracement down towards the $4600 area.

However, it is important to note that a support level formed by the weekly R3 at 4718.6 could provide support for the pair during the following trading sessions.

If the support level holds, the rate might aim for a re-tests of the $5400 mark in the short-term.

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