Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
The Bitcoin cryptocurrency has surged by 6.49% against the US Dollar since the past two weeks. The currency pair tested the $9600 mark during yesterday's trading session.
Technical indicators flash buying signals on all time-frame charts. Most likely, bulls will continue to pressure the exchange rate higher during next week trading sessions.
However, the BTC/USD exchange rate is expected to make a brief pullback towards the $9300 mark in the shorter term.