| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The Bitcoin cryptocurrency has surged by 19.93% against the US Dollar since last week trading sessions. The BTC/USD currency pair tested the $12,000 mark on August 2.
All things being equal, the exchange rate will most likely continue to trend bullish during the following trading sessions. The cryptocurrency could target the $13,000 level next week.
However, the resistance cluster formed by the weekly R1 and the monthly R1 at 12155.9 could provide resistance for the cryptocurrency exchange rate in the shorter term.