BTC/USD 4H Chart: Moving towards target - Trade Pattern Ideas - Dukascopy Bank
Fri, 22 Feb 2019 06:56:18 GMT
Source: Dukascopy Bank SA
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Sell
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Buy
Buy
Sell
SAR(0.02;0.2)
Sell
Buy
Sell
Aggregate
⇒
⇗
⇘
Upside risks dominated the Bitcoin cryptocurrency against the US Dollar during the past week. The pair appreciated by about 418 base points during the last five days of trading.
As for the near future, it is likely that the BTC/USD pair continues its upward movement and potential hit the 4300 mark. Meanwhile, technical indicators flash mix signals.
Though, the crypto-coin could reverse from the current price level at 3976 and aim for the 50-hour simple moving average at 3790 during the following trading sessions.
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