| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The Bitcoin cryptocurrency has appreciated about 16.74% in value against the US Dollar since last week trading sessions. The pair dashed through the $9000 mark on June 18.
Everything being equal, it is likely that the BTC/USD currency pair will make a brief retracement towards a support level formed by the 50-hour simple moving average at 8952.9 during the following trading sessions.
However, technical indicators demonstrate that the currency exchange rate could continue its upside movement in the short term.