| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The Bitcoin cryptocurrency has appreciated about 10.90% in values against the US Dollar during the last week. The pair breached both the 50-, 100– and 200-hour SMAs within this short period.
The BTC/USD pair has formed an upside flag pattern. From a theoretical point of view, it is likely that the pair continues its upward movement within this session. Meanwhile, technical indicators flash bullish signals on the daily time-frame chart.
However, the pair could reverse from the current price level at 3637.5 and aim at the 100-hour simple moving average at 3399.6 during the following trading sessions.