| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Bitcoin cryptocurrency has surged by 20.78% against the US Dollar since October 18. The 50– period simple moving average has guided the cryptocurrency pair during the past two weeks.
All things being equal, the exchange rate could continue to edge higher during the following trading sessions. A breakout through the upper boundary of a rising wedge pattern at 13768.6 could occur.
However, if the rising wedge pattern holds, bearish traders could pressure the BTC/USD cryptocurrency exchange rate lower during next week's trading sessions.