| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
After the Bitcoin cryptocurrency tested a resistance cluster formed by the weekly R1 and the monthly R3 at 9178.4 on January 19, the exchange rate began to decline. The pair has declined by 9.24% in value during this period.
All things being equal, the BTC/USD pair will most likely continue to decline until it reaches a support cluster formed by the 200– period simple moving average and the monthly R1 at 7915.5.
The Bitcoin cryptocurrency will likely make an upside reversal from the support cluster, as mentioned earlier, during next week's trading sessions.