BTC/USD 4H Chart: Preparing for long-term surge - Trade Pattern Ideas - Dukascopy Bank
Fri, 10 May 2019 05:19:06 GMT
Source: Dukascopy Bank SA
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Buy
RSI(14)
Sell
Sell
Neutral
Stochastic(5;3;3)
Neutral
Sell
Sell
Alligator(13;8;5)
Buy
Buy
Buy
SAR(0.02;0.2)
Buy
Buy
Buy
Aggregate
⇗
⇒
⇗
The Bitcoin cryptocurrency has appreciated about 23.74% in value against the US Dollar. The currency pair tested the $6400 mark during the Asian trading session on Friday.
Most likely, the BTC/USD exchange rate will continue its bullish momentum during the following trading sessions. The blockchain could aim for the $7000 mark during next week's sessions.
Furthermore, technical indicators demonstrate that the pair is prepared for a long-term surge.
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