Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇒ | ⇒ |
The Bitcoin cryptocurrency continued to trade below the $60,000 mark since last week's trading sessions.
Technical indicators suggest selling signals on the 4H time-frame chart. Most likely, bearish traders are likely to pressure the BTC/USD exchange rate lower during this week's trading sessions.
However, if the cryptocurrency exchange rate breaks the resistance level at the 65,000 area, buyers could target the $75,000 level in the next few weeks.