| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During the past two weeks, the Bitcoin cryptocurrency has appreciated about 6.14% in values against the US Dollar.
The pair is currently stranded between SMAs, the 50-hour simple moving average is providing resistance at 3926.6, while the 100-hour SMA is providing support at 3889.5.
Technical indicators suggest that the BTC/USD pair could edge lower during the following sessions.
However, given that the pair has been trading in an uptrend channel, the potential upside target could be near the weekly R1 at 4062.2 in the short-term.