| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
The Bitcoin cryptocurrency has declined by 9.50% against the US Dollar since December 1. The currency pair tested the lower boundary of an ascending channel pattern at 17906.8 on December 11.
Currently, the exchange rate is trading near the lower line of the channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 16000.0 level could be expected during next week's trading sessions.
However, if the ascending channel pattern holds, the BTC/USD cryptocurrency pair could continue its bullish momentum during the following trading sessions.