| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The BTC/USD exchange rate has depreciated about 17.16% in value since May 29. The decline was stopped by a support level formed by the 200-hour simple moving average at 7619.4.
The cryptocurrency consolidated above the 200-hour SMA during the past 72 hours of trading.
If the Bitcoin cryptocurrency passes the support level as mentioned above, a decline towards the weekly S1 at 6191.8 could be the next target in the short term.
On the other hand, if the 200-hour SMA holds, bulls could push the pair towards the weekly R1 at 9234.4 in the nearest future.