BTC/USD 4H Chart: Bullish sentiment

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)SellBuySell
Aggregate

The Bitcoin cryptocurrency has appreciated about 29.27% in value against the US Dollar since July 29.

The currency pair was trading above the weekly R1 at 11667.6 during the morning hours of Friday's trading session.

Most likely, the BTC/USD pair could continue its bullish momentum during next week's trading sessions.

Although, it is expected that the pair makes a brief retracement towards a support cluster formed by the 200– period simple moving average and the monthly pivot point at 10822.2 in the short-term.

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