| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Bitcoin cryptocurrency continued to edge higher against the US Dollar. The cryptocurrency pair hit 2017 record high at the 19500.0 level during this week's trading sessions.
After the BTC/USD pair smashed the record level at 19500.0, bears took control of the market. The exchange rate declined by 14.30% during yesterday's trading session.
All things being equal, the cryptocurrency exchange rate could continue to edge lower during the following trading sessions.
However, a support level at the 16000.0 area could provide support for the pair in the shorter term.