| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Bitcoin cryptocurrency has depreciated about 12.59% in value against the US Dollar since October 27. The exchange rate breached the 200– period simple moving average during yesterday's trading session.
As for the near future, the BTC/USD cryptocurrency will likely edge lower during next week's trading sessions. The possible target will be near a support cluster formed by the weekly S3 and the monthly S1 at 7759.1.
If the support cluster holds, a potential upward reversal could occur during the following trading sessions.