| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The Bitcoin cryptocurrency has declined by 10.37% against the US Dollar since the beginning of June. The currency pair breached a support cluster formed by the monthly PP and the weekly S1 at 9183.6 on June 11.
All things being equal, the BTC/USD pair could continue to edge lower during the following trading sessions. The potential target for bearish traders would be at the 8600 mark.
However, the support cluster at 9183.6 could provide support for the exchange rate in the short-term.