BTC/USD 4H Chart: Guided by 200-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralSell
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuySellBuy
Aggregate⇗⇒⇗

[ANNOUNCE]The 200-hour simple moving average is gradually guiding the Bitcoin cryptocurrency up against the US Dollar. The pair reached the 8224.4 area during yesterday's trading session.[/ANNOUNCE]

As for the near future, it is likely that the BTC/USD pair will continue its movement in an uptrend line. The cryptocurrency could aim for a re-test of the $9000 mark during the following trading sessions.

However, a resistance level formed by the weekly R1 at 8561.87 could hinder the pair from aiming for the $9000 mark in the nearest future.

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