Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Buy | Neutral | Sell |
Alligator(13;8;5) | Neutral | Buy | Buy |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇒ | ⇒ | ⇒ |
The BTC/USD currency pair has appreciated about 41.3% in value since last week's trading sessions. The cryptocurrency hit the $13877 area on June 26.
After hitting a resistance level formed by the monthly R3 at 13877.6, the Bitcoin cryptocurrency made a U-turn south.
Currently, the pair is testing a support level formed by the 50.00% Fibonacci retracement level at 10739.7.
If the support level holds, the pair will continue its upside movement during the following trading session.
However, if the pair breaks the 50.00% Fibo, the next target for bearish traders will be at the 9623.7 regions.