| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
During last week's trading sessions, the Bitcoin cryptocurrency declined by 15.47% against the US Dollar. The decline was stopped by the 50– and 200– day SMAs on September 12.
Technical indicators suggest buying signals on the weekly time-frame chart. Most likely, buyers could pressure the BTC/USD exchange rate higher during the following trading sessions.
However, bullish traders could encounter resistance at $52,000 during this week's trading sessions.