| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The BTC/USD currency pair is currently trading in an ascending trendline. The rate tested the lower boundary of the uptrend line at 5064.3 during Thursday's trading session.
Given that the Bitcoin cryptocurrency is trading near the bottom border of an uptrend line, a breakout could occur within this session.
If this breakout occurs, bearish traders might drive the pair towards the $4500 mark in the shorter term.
However, it is important to note that a support level formed by the 200-hour simple moving average at 4898.2 could provide support for the pair.