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Topic: Mudrex Bitcoin Price Analysis (Read 610 times)
You are talking about the uptrend, but I would like to know your opinion about declining volume, this is the sign of next big move, but probably below 9,000 USD level, because I see a lot of unsuccessful attempts to break the 10,000 USD resistance, we don´t have enough power to keep growing .
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BTCUSD - Local Uptrend Today. 21 June 2020
Market in last 24hrs
- BTCUSD price consolidated
- Price volatility was low. Market moved ~2%, between $9.23k and $9.43k
Today’s Trend analysis
- Uptrend today
- Price at time of publishing: $9,350
- BTC’s market cap: $171 Billion
- ‘Oscillator‘ indicators are neutral with a bias towards uptrend. RSI at 49
- ‘Moving average‘ indicators are indicating a downtrend. Ichimoku Cloud is neutral
- Volume indicators are signaling at an uptrend
Price expected to trend up today. Most of the Oscillator indicators are neutral with a bias towards buying side. MACD histogram is in negative zone and MACD line is tending up. RSI is trending almost flat, oscillating around its midpoint 50. CCI , the more reactive oscillator, is trending up near, now near 0. Another interesting point to notice is that green volume candles are supported more and on balance volume indicator is trending up, indicating that the buying is getting stronger. All factors indicating that bulls have gained strength. Overall, price is expected to move up today.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Market in last 24hrs
- BTCUSD price consolidated
- Price volatility was low. Market moved ~2%, between $9.23k and $9.43k
Today’s Trend analysis
- Uptrend today
- Price at time of publishing: $9,350
- BTC’s market cap: $171 Billion
- ‘Oscillator‘ indicators are neutral with a bias towards uptrend. RSI at 49
- ‘Moving average‘ indicators are indicating a downtrend. Ichimoku Cloud is neutral
- Volume indicators are signaling at an uptrend
Price expected to trend up today. Most of the Oscillator indicators are neutral with a bias towards buying side. MACD histogram is in negative zone and MACD line is tending up. RSI is trending almost flat, oscillating around its midpoint 50. CCI , the more reactive oscillator, is trending up near, now near 0. Another interesting point to notice is that green volume candles are supported more and on balance volume indicator is trending up, indicating that the buying is getting stronger. All factors indicating that bulls have gained strength. Overall, price is expected to move up today.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Mudrex Price Analysis #95 Bitcoin (BTC/USD) – 10th June 2020
Market in last 24hrs
- BTCUSD price continued consolidation
- Price volatility was low. Market moved just ~1.5%, between $9.67k and $9.84k
Today’s Trend analysis
- Sideways today
- Price at time of publishing: $9,770
- BTC’s market cap: $176 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 56
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
Price expected to trend sideways today. Most of the Oscillator indicators are neutral. MACD histogram continues to be in positive zone and MACD line is trending up. RSI has been flat for sometime now, oscillating around its midpoint 50. CCI , the more reactive oscillator, is moving between 0 and 100. All factors indicating that both bulls and bears are struggling. Overall, price is now expected to move sideways today.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Market in last 24hrs
- BTCUSD price continued consolidation
- Price volatility was low. Market moved just ~1.5%, between $9.67k and $9.84k
Today’s Trend analysis
- Sideways today
- Price at time of publishing: $9,770
- BTC’s market cap: $176 Billion
- ‘Oscillator‘ indicators are neutral. RSI at 56
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
Price expected to trend sideways today. Most of the Oscillator indicators are neutral. MACD histogram continues to be in positive zone and MACD line is trending up. RSI has been flat for sometime now, oscillating around its midpoint 50. CCI , the more reactive oscillator, is moving between 0 and 100. All factors indicating that both bulls and bears are struggling. Overall, price is now expected to move sideways today.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Mudrex Bitcoin Daily Price Analysis #86
Market in last 24 hrs
- As predicted in the previous analysis, BTCUSD price moved up
- Market moved ~6%, between $8.7k and $9.2k
- BTC’s market cap: $169 Billion
Summary of today's analysis
- Price at time of publishing: $9,145
- Weak uptrend today
Charts + details: https://www.tradingview.com/chart/BTCUSD/Iu5s3Stt-BTCUSD-Weak-Uptrend-Today-Price-Technical-Analysis-86/
DM for details of the analysis.
---------------------------------------------------------
Note: The is a series of daily price analysis we share on tradingview. The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles, hence the analysis is to be best used for next 24 hours.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Market in last 24 hrs
- As predicted in the previous analysis, BTCUSD price moved up
- Market moved ~6%, between $8.7k and $9.2k
- BTC’s market cap: $169 Billion
Summary of today's analysis
- Price at time of publishing: $9,145
- Weak uptrend today
Charts + details: https://www.tradingview.com/chart/BTCUSD/Iu5s3Stt-BTCUSD-Weak-Uptrend-Today-Price-Technical-Analysis-86/
DM for details of the analysis.
---------------------------------------------------------
Note: The is a series of daily price analysis we share on tradingview. The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles, hence the analysis is to be best used for next 24 hours.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
BTCUSD - Sideways/Choppy Today. Price Technical Analysis #80
Market in last 24 hrs
- As predicted in yesterday’s analysis, BTCUSD price consolidated. Both bulls and bears tried to gain control, but none succeeded.
- Market moved ~1.5%, between $9.6k and $9.8k
- Price at time of publishing: $9,770
- BTC’s market cap: $180 Billion
Today’s Trend analysis
Price should continue sideways trend today. Oscillators are mostly neutral. MACD histogram is in negative zone but RSI is at 57 and CCI at 70, both higher compared to yesterday. Overall neither bulls nor bears have enough strength to drive the market up or down.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
Mudrex.com is the best platform to build NO-code Crypto auto-trading bot.
Individuals can invest in verified bots created by professional traders.
Signup now & get $25 bonus - https://[Suspicious link removed]/signupMX
Discord - https://[Suspicious link removed]/discordMX
Market in last 24 hrs
- As predicted in yesterday’s analysis, BTCUSD price consolidated. Both bulls and bears tried to gain control, but none succeeded.
- Market moved ~1.5%, between $9.6k and $9.8k
- Price at time of publishing: $9,770
- BTC’s market cap: $180 Billion
Today’s Trend analysis
Price should continue sideways trend today. Oscillators are mostly neutral. MACD histogram is in negative zone but RSI is at 57 and CCI at 70, both higher compared to yesterday. Overall neither bulls nor bears have enough strength to drive the market up or down.
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
Mudrex.com is the best platform to build NO-code Crypto auto-trading bot.
Individuals can invest in verified bots created by professional traders.
Signup now & get $25 bonus - https://[Suspicious link removed]/signupMX
Discord - https://[Suspicious link removed]/discordMX
BTCUSD - Sideways/Choppy Today. Price Technical Analysis #78
Market in last 24 hrs
- BTCUSD price consolidated. Both bulls and bears tried to gain control, but both failed. Market moved ~550 points, between $9.4k and $10k, just 40 short of $10k mark!
- Price at time of publishing: $9,720
- BTC’s market cap: $173 Billion
Today’s Trend analysis
Price should continue sideways trend today. Oscillators are mostly neutral. MACD is at 115. RSI is at 57 and CCI at 77, both moving lower compared to yesterday, confirming that bulls are loosing strength. To add to this, price bounced back from upper Bollinger Band .
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral, with bias towards buy side. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
Mudrex.com is the best platform to build NO-code Crypto auto-trading bot.
Individuals can invest in verified bots created by professional traders.
Signup now & get $25 bonus - https://[Suspicious link removed]/signupMX
Discord - https://[Suspicious link removed]/discordMX
Market in last 24 hrs
- BTCUSD price consolidated. Both bulls and bears tried to gain control, but both failed. Market moved ~550 points, between $9.4k and $10k, just 40 short of $10k mark!
- Price at time of publishing: $9,720
- BTC’s market cap: $173 Billion
Today’s Trend analysis
Price should continue sideways trend today. Oscillators are mostly neutral. MACD is at 115. RSI is at 57 and CCI at 77, both moving lower compared to yesterday, confirming that bulls are loosing strength. To add to this, price bounced back from upper Bollinger Band .
- Choppy/Sideways today
- ‘Oscillator‘ indicators are mostly neutral, with bias towards buy side. RSI at 57
- ‘Moving average‘ indicators are indicating an uptrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
Mudrex.com is the best platform to build NO-code Crypto auto-trading bot.
Individuals can invest in verified bots created by professional traders.
Signup now & get $25 bonus - https://[Suspicious link removed]/signupMX
Discord - https://[Suspicious link removed]/discordMX
BTCUSD - Sideways Today - 39th May 2020. Price Technical Analysis #71
Market in last 24 hrs
- BTCUSD price moved almost 500 points, between $9.5k and $10k
- Price at time of publishing: $9,990
- Price crossed important resistance level of $9,700
- BTC’s market cap: $176 Billion
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday many have now flipped to indicate a neutral trend. MACD is at -200, indicating yesterday's downward trend. RSI and CCI are in near neutral zone, indicating that no directional momentum currently has strength.
Halving-Hype has been affecting price of BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Sideways/Choppy today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 57
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Market in last 24 hrs
- BTCUSD price moved almost 500 points, between $9.5k and $10k
- Price at time of publishing: $9,990
- Price crossed important resistance level of $9,700
- BTC’s market cap: $176 Billion
Today’s Trend analysis
Price should trend sideways today. Oscillators are mostly neutral and compared to yesterday many have now flipped to indicate a neutral trend. MACD is at -200, indicating yesterday's downward trend. RSI and CCI are in near neutral zone, indicating that no directional momentum currently has strength.
Halving-Hype has been affecting price of BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Sideways/Choppy today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 57
- ‘Moving average‘ indicators indicating buying opportunity. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
BTCUSD - Uptrend Today - 30 Apr 2020. Price Technical Analysis #63
Market in last 24 hrs
- BTCUSD has been very volatile. Market moved more than 14%, between $8.1k to $9.5k. Second last 4H candle saw a movement of 8%
- Price at time of publishing: $8,890
- BTC’s market cap: $163 Billion
Today’s Trend analysis
Price should trend up today. Oscillators are neutral but with a strong bias towards buy side. MACD is indicating a buy opportunity. CCI and RSI both are in over-bought zone. A trend reversal is just around the corner.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility .
- Uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Market in last 24 hrs
- BTCUSD has been very volatile. Market moved more than 14%, between $8.1k to $9.5k. Second last 4H candle saw a movement of 8%
- Price at time of publishing: $8,890
- BTC’s market cap: $163 Billion
Today’s Trend analysis
Price should trend up today. Oscillators are neutral but with a strong bias towards buy side. MACD is indicating a buy opportunity. CCI and RSI both are in over-bought zone. A trend reversal is just around the corner.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto token. We are observing an increased trade volume and price volatility .
- Uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Nice to see you posting here 
Thank you. Hope the analysis has been useful.
BTCUSD - Downtrend Today - 27 Apr 2020. Price Technical Analysis #61
Market in last 24 hrs
- BTCUSD price moved in a range of +/-100 around yesterday starting price of $7,660
- Price at time of publishing: $7,730
- BTC’s market cap: $149 Billion
Today’s Trend analysis
Price should see a trend reversal today. Oscillators are mostly neutral but with a stronger bias towards sell side. MACD is indicating a sell opportunity and CCI is in overbought zone. Bears are now gaining control and should act soon.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Downtrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 66
- ‘Moving average‘ indicators indicating buying opportunity
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Market in last 24 hrs
- BTCUSD price moved in a range of +/-100 around yesterday starting price of $7,660
- Price at time of publishing: $7,730
- BTC’s market cap: $149 Billion
Today’s Trend analysis
Price should see a trend reversal today. Oscillators are mostly neutral but with a stronger bias towards sell side. MACD is indicating a sell opportunity and CCI is in overbought zone. Bears are now gaining control and should act soon.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Downtrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 66
- ‘Moving average‘ indicators indicating buying opportunity
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
Nice to see you posting here
BTCUSD - Downtrend Today - 26 Apr 2020. Price Technical Analysis #60
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
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Market in last 24 hrs
- BTCUSD price consolidated, moving mostly around $7,550, before it took a 150 point jump to trade around $7,700
- Price at time of publishing: $7,660
- BTC’s market cap: $145 Billion
Today’s Trend analysis
Price should trend down today. Oscillators are mostly neutral but with a bias towards sell side. MACD is indicating a sell opportunity and both CCI and RSI are in overbought zone. Bears have now gaining control and should act soon.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Downtrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 70
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- BTCUSD price consolidated, moving mostly around $7,550, before it took a 150 point jump to trade around $7,700
- Price at time of publishing: $7,660
- BTC’s market cap: $145 Billion
Today’s Trend analysis
Price should trend down today. Oscillators are mostly neutral but with a bias towards sell side. MACD is indicating a sell opportunity and both CCI and RSI are in overbought zone. Bears have now gaining control and should act soon.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Downtrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 70
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
BTCUSD - Consolidation Today - 25 Apr 2020. Price Technical Analysis #59
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
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Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,500
- Price at time of publishing: $7,540
- BTC’s market cap: $139 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are moving in neutral zone.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is getting closer to 0
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,500
- Price at time of publishing: $7,540
- BTC’s market cap: $139 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are moving in neutral zone.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is getting closer to 0
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
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BTCUSD - Consolidation Today - 24 Apr 2020. Price Technical Analysis #58
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
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Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,550
- Price at time of publishing: $7,500
- BTC’s market cap: $138 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are already in or are near over-bought zone. A trend reversal is just around the corner, which is making the uptrend momentum weak.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
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Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- BTCUSD price consolidated, moving in range of 200 points around $7,550
- Price at time of publishing: $7,500
- BTC’s market cap: $138 Billion
Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral but with a slight bias towards buy side. MACD is indicating a buy opportunity but CCI and RSI both are already in or are near over-bought zone. A trend reversal is just around the corner, which is making the uptrend momentum weak.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral. CCI is over-bought zone
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
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Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- As predicted yesterday, BTCUSD price consolidated yesterday
- Price is above to important psychological resistance level of $7,000
- Price at time of publishing: $7,050
- BTC’s market cap: $129 Billion
Today’s Trend analysis
Price should trend up today Oscillators are mostly neutral but compared to yesterday, some have shifted to buy side. CCI is closing 50 and RSI is above 50 mark. MACD is indicating a buy opportunity. Overall, weak up-trending momentum is forming.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Weak uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is above mark
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
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Twitter page: https://twitter.com/officialmudrex
----------------------------------------------------------------------------------------
Market in last 24 hrs
- As predicted yesterday, BTCUSD price consolidated yesterday
- Price is above to important psychological resistance level of $7,000
- Price at time of publishing: $7,050
- BTC’s market cap: $129 Billion
Today’s Trend analysis
Price should trend up today Oscillators are mostly neutral but compared to yesterday, some have shifted to buy side. CCI is closing 50 and RSI is above 50 mark. MACD is indicating a buy opportunity. Overall, weak up-trending momentum is forming.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Weak uptrend today
- ‘Oscillator‘ indicators are mostly neutral. RSI is above mark
- ‘Moving average‘ indicators indicating buying opportunity
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
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Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #53 of BTCUSD daily technical analysis, provided by Mudrex.
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Market in last 24 hrs
-- As predicted, BTC price consolidated in range $6,960 – $7,200
-- $7,000 has been breached for now
-- Price at time of publishing: $7,060
-- BTC’s market cap: $130 Billion
Today’s Trend analysis
Price should move sideways today with increased volatility . Oscillators are mostly neutral. CCI is now below over-bought zone. RSI is close to 60 but MACD is indicating a buy opportunity. Overall, momentum is neutral.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
-- Sideways today
-- ‘Oscillator‘ indicators are mostly neutral. RSI is above 50 mark
-- ‘Moving average‘ indicators are indicating buy opportunity, biased by the recent uptrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
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Twitter page: https://twitter.com/officialmudrex
This is #53 of BTCUSD daily technical analysis, provided by Mudrex.
----------------------------------------------------------------------------------------
Market in last 24 hrs
-- As predicted, BTC price consolidated in range $6,960 – $7,200
-- $7,000 has been breached for now
-- Price at time of publishing: $7,060
-- BTC’s market cap: $130 Billion
Today’s Trend analysis
Price should move sideways today with increased volatility . Oscillators are mostly neutral. CCI is now below over-bought zone. RSI is close to 60 but MACD is indicating a buy opportunity. Overall, momentum is neutral.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
-- Sideways today
-- ‘Oscillator‘ indicators are mostly neutral. RSI is above 50 mark
-- ‘Moving average‘ indicators are indicating buy opportunity, biased by the recent uptrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #52 of BTCUSD daily technical analysis , provided by Mudrex.
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Market in last 24 hrs
- BTC price movement yesterday was very volatile, moving between $6,450 – $7,150
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $7,050
- BTC’s market cap: $129 Billion
Today's Trend analysis
Price should move sideways today. Oscillators are mostly neutral. CCI is in over-bought zone. RSI is over 50 but MACD is indicating a sell opportunity. Overall, momentum is neutral.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is above 50 mark
- ‘Moving average‘ indicators are indicating buy opportunity, biased by the recent uptrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
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Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
This is #52 of BTCUSD daily technical analysis , provided by Mudrex.
----------------------------------------------------------------------------------------
Market in last 24 hrs
- BTC price movement yesterday was very volatile, moving between $6,450 – $7,150
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $7,050
- BTC’s market cap: $129 Billion
Today's Trend analysis
Price should move sideways today. Oscillators are mostly neutral. CCI is in over-bought zone. RSI is over 50 but MACD is indicating a sell opportunity. Overall, momentum is neutral.
Another interesting point to notice is the correlation between US stock markets ( S&P500 , etc) and BTC price, which is at currently trending at its all time high.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is above 50 mark
- ‘Moving average‘ indicators are indicating buy opportunity, biased by the recent uptrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
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Twitter page: https://twitter.com/officialmudrex
This is #50 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- BTC price movement yesterday was restricted between $6,800 – $7,000
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $6,785
- BTC’s market cap: $124 Billion
Trend analysis
Price should move sideways today, in range $6,600-$7,000. Oscillators are mostly neutral now, compared to yesterday when they were supporting a weak uptrend.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets on a macro level.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is below 50 mark
- ‘Moving average‘ indicators are indicating sell opportunity, biased by the recent downtrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
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----------------------------------------------------------------------------------------
Market Summary
- BTC price movement yesterday was restricted between $6,800 – $7,000
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $6,785
- BTC’s market cap: $124 Billion
Trend analysis
Price should move sideways today, in range $6,600-$7,000. Oscillators are mostly neutral now, compared to yesterday when they were supporting a weak uptrend.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets on a macro level.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral. RSI is below 50 mark
- ‘Moving average‘ indicators are indicating sell opportunity, biased by the recent downtrend
Visit our blog (blog.mudrex.com) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
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Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #49 of BTCUSD daily technical analysis, provided by Mudrex.
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Market Summary
- BTC price moved almost 700 points yesterday, moving as high at &7,200 and then as low as $6,500
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $6,675
- BTC?s market cap: $121 Billion
Trend analysis
Price should continue the downtrend today. Oscillators, including MACD , are indicating a downtrend today.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Weak downtrend today
- Many ?Oscillator? indicators are neutral, but with a bias towards sell side. RSI is below 50
- ?Moving average? indicators are indicating sell opportunity, biased by the recent downtrend
Visit our TV channel (https://www.tradingview.com/chart/BTCUSD/wJIX1CZV-BTCUSD-Weak-Downtrend-Today-Price-Technical-Analysis-by-Mudrex/) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
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This is #49 of BTCUSD daily technical analysis, provided by Mudrex.
----------------------------------------------------------------------------------------
Market Summary
- BTC price moved almost 700 points yesterday, moving as high at &7,200 and then as low as $6,500
- $7,000 continues to act as a strong psychological resistance level
- Price at time of publishing: $6,675
- BTC?s market cap: $121 Billion
Trend analysis
Price should continue the downtrend today. Oscillators, including MACD , are indicating a downtrend today.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Weak downtrend today
- Many ?Oscillator? indicators are neutral, but with a bias towards sell side. RSI is below 50
- ?Moving average? indicators are indicating sell opportunity, biased by the recent downtrend
Visit our TV channel (https://www.tradingview.com/chart/BTCUSD/wJIX1CZV-BTCUSD-Weak-Downtrend-Today-Price-Technical-Analysis-by-Mudrex/) for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
----------------------------------------------------------------------------------------
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I don't see BTC and traditional markets behaving differently. I am talking about macro trends here.
I thought that BTC market is de coupling with the traditional markets? so how come you said that it is following stock market again? I'm confused.
I'll be on the safe side though, I'm not buying until a see some signals that it is dumping. But so far the market is moving on a sideways, although we go down and the big support @7k has been broken down, it doesn't mean the the bears have the upper hand, not yet, the way I see it.
I'll be on the safe side though, I'm not buying until a see some signals that it is dumping. But so far the market is moving on a sideways, although we go down and the big support @7k has been broken down, it doesn't mean the the bears have the upper hand, not yet, the way I see it.
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #48 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- BTC price saw a sudden pull-back. Price now is again under $7,000 – the major physiological resistance level
- Price at time of publishing: $6,850
- BTC’s market cap: $124 Billion
Trend analysis
Yesterday, the downtrend was expected, but the sudden fall below 7,000 mark seems unreasonable. Price should try and move closer to $7,000 today.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Sideways today
- Most ‘Oscillator‘ indicators are neutral, with a slight bias towards sell side. CCI is signaling a buying opportunity
- ‘Moving averages‘ indicating sell opportunity, which are biased by the recent uptrend
Visit our blog for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
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Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
This is #48 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- BTC price saw a sudden pull-back. Price now is again under $7,000 – the major physiological resistance level
- Price at time of publishing: $6,850
- BTC’s market cap: $124 Billion
Trend analysis
Yesterday, the downtrend was expected, but the sudden fall below 7,000 mark seems unreasonable. Price should try and move closer to $7,000 today.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending since a last few days. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Sideways today
- Most ‘Oscillator‘ indicators are neutral, with a slight bias towards sell side. CCI is signaling a buying opportunity
- ‘Moving averages‘ indicating sell opportunity, which are biased by the recent uptrend
Visit our blog for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #47 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- As predicted yesterday, we saw a trend reversal and strong uptrend was followed by a weak downtrend
- Price at time of publishing: $7,285
- BTC’s market cap: $133 Billion
Trend analysis
After the uptrend in past few days, yesterday’s weak downtrend should be followed by price consolidation as most oscillator indicators are neutral.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending today as well. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Sideways today
- Most ‘Oscillator‘ indicators are neutral. MACD is signaling a sell opportunity
- ‘Moving averages‘ indicating buy opportunity, which are biased by the recent uptrend
Visit our blog for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
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Twitter page: https://twitter.com/officialmudrex
This is #47 of BTCUSD daily technical analysis , provided by Mudrex.
----------------------------------------------------------------------------------------
Market Summary
- As predicted yesterday, we saw a trend reversal and strong uptrend was followed by a weak downtrend
- Price at time of publishing: $7,285
- BTC’s market cap: $133 Billion
Trend analysis
After the uptrend in past few days, yesterday’s weak downtrend should be followed by price consolidation as most oscillator indicators are neutral.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending today as well. Investor sentiment in traditional market seems to be improving and we have seen BTC following these markets.
- Sideways today
- Most ‘Oscillator‘ indicators are neutral. MACD is signaling a sell opportunity
- ‘Moving averages‘ indicating buy opportunity, which are biased by the recent uptrend
Visit our blog for detailed analysis and indicator list & values.
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex.com is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #46 of BTCUSD daily technical analysis , provided by Mudrex.
----------------------------------------------------------------------------------------
Market Summary
- BTC has been up-trending, now above the crucial $7,400 mark
- Price at time of publishing: $7,395
- BTC’s market cap: $135 Billion
Trend analysis
Even though BTC is up-trending, the uptrend is not supported by momentum and hence should be short-lived. Most oscillators are either neutral or indicating downtrend and hence the price should reverse its momentum and move down.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending today and investor sentiment in traditional market seems to be improving.
- Weak downtrend today
- ‘Oscillator‘ indicators are biased toward sell signal. RSI is in overbought zone
- ‘Moving averages‘ indicating buy, biased by the recent uptrend
Visit our blog for detailed analysis and indicator list and values.
https://blog.mudrex.com/mudrex-price-ana...
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
This is #46 of BTCUSD daily technical analysis , provided by Mudrex.
----------------------------------------------------------------------------------------
Market Summary
- BTC has been up-trending, now above the crucial $7,400 mark
- Price at time of publishing: $7,395
- BTC’s market cap: $135 Billion
Trend analysis
Even though BTC is up-trending, the uptrend is not supported by momentum and hence should be short-lived. Most oscillators are either neutral or indicating downtrend and hence the price should reverse its momentum and move down.
Another interesting point to notice is that the US stock markets ( S&P500 , etc) are up-trending today and investor sentiment in traditional market seems to be improving.
- Weak downtrend today
- ‘Oscillator‘ indicators are biased toward sell signal. RSI is in overbought zone
- ‘Moving averages‘ indicating buy, biased by the recent uptrend
Visit our blog for detailed analysis and indicator list and values.
https://blog.mudrex.com/mudrex-price-ana...
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
This is #45 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- BTC has been up-trending, now above the crucial $7,000 mark
- Price at time of publishing: $7,150
- BTC’s market cap: $131 Billion
Trend analysis
Even though BTC is up-trending, the uptrend is not supported by momentum and hence should be short-lived. Most oscillators are either neutral or indicating downtrend and hence the price should reverse its momentum and move down. This is a possible bull-trap, similar to the ones we had observed on 2nd and 4th April.
- Downtrend today
- ‘Oscillator‘ indicators are biased toward sell signal. RSI is in overbought zone
- ‘Moving averages‘ indicating buy, biased by the recent uptrend
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Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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This is #45 of BTCUSD daily technical analysis , provided by Mudrex.
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Market Summary
- BTC has been up-trending, now above the crucial $7,000 mark
- Price at time of publishing: $7,150
- BTC’s market cap: $131 Billion
Trend analysis
Even though BTC is up-trending, the uptrend is not supported by momentum and hence should be short-lived. Most oscillators are either neutral or indicating downtrend and hence the price should reverse its momentum and move down. This is a possible bull-trap, similar to the ones we had observed on 2nd and 4th April.
- Downtrend today
- ‘Oscillator‘ indicators are biased toward sell signal. RSI is in overbought zone
- ‘Moving averages‘ indicating buy, biased by the recent uptrend
Visit our blog for detailed analysis and indicator list and values.
https://blog.mudrex.com/mudrex-price-ana...
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
About Mudrex:
Mudrex is the best platform to build NO-code Cryptocurrency auto-trading bots.
Individuals can invest in bundle of verified bots created by professional traders.
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Join our 1k+ member strong Discord community: https://discord.gg/DV3PKsu
Twitter page: https://twitter.com/officialmudrex
The reasons why BTC pumped lately was for a few reasons,
First one was that we closed above ( or close to ) the monthly low of $6400 that happened a few months back, very bullish.
Second is that the 200 WMA seems to have held again at around $5700 or so.
Third is that last April we got a crazy pump and the April before that, hence many people are thinking that April is the new November and always a bullish month.
Fourth is that everyday we are getting tons and tons of tether USDT prints, and many are assuming its to buy crypto.
Fifth is that oil was pumping and many associated it with BTC and BTC also pumped, or it was just a coincidence.
First one was that we closed above ( or close to ) the monthly low of $6400 that happened a few months back, very bullish.
Second is that the 200 WMA seems to have held again at around $5700 or so.
Third is that last April we got a crazy pump and the April before that, hence many people are thinking that April is the new November and always a bullish month.
Fourth is that everyday we are getting tons and tons of tether USDT prints, and many are assuming its to buy crypto.
Fifth is that oil was pumping and many associated it with BTC and BTC also pumped, or it was just a coincidence.
BTCUSD - Sideways Momentum. Daily Price Technical Analysis by Mudrex
BTC at $6,700
Market Summary
- As predicted, BTC price saw a weak uptrend yesterday till 4PM UTC
- Later, we saw a sudden price and volume pump and BTC price went as high as ~$7,300. These sudden movements can’t be predicted
- Price at time of publishing: $6,700
- BTC’s market cap: $120 Billion
Trend analysis
Most oscillators are now neutral, indicating that the price should consolidate and we lack strong momentum in any direction. Volatility is high currently, hence the MAs have been flipping continuously.
$7,000 is the next strong psychological resistance level .
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral with a bias toward buy signal
- ‘Moving averages‘ indicators are mixed
Visit our blog for detailed analysis and indicator list and values.
https://blog.mudrex.com/mudrex-price-ana...
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
---------------------------------------------------------------------
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BTC at $6,700
Market Summary
- As predicted, BTC price saw a weak uptrend yesterday till 4PM UTC
- Later, we saw a sudden price and volume pump and BTC price went as high as ~$7,300. These sudden movements can’t be predicted
- Price at time of publishing: $6,700
- BTC’s market cap: $120 Billion
Trend analysis
Most oscillators are now neutral, indicating that the price should consolidate and we lack strong momentum in any direction. Volatility is high currently, hence the MAs have been flipping continuously.
$7,000 is the next strong psychological resistance level .
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral with a bias toward buy signal
- ‘Moving averages‘ indicators are mixed
Visit our blog for detailed analysis and indicator list and values.
https://blog.mudrex.com/mudrex-price-ana...
If you find the analysis useful, please like & subscribe and share our ideas & charts with the community!
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.
---------------------------------------------------------------------
About Mudrex.com
Mudrex platform helps traders build no-code algo trading bots using Technical analysis based indicators.
Mudrex Marketplace is collection of reviewed and verified funds created by professional traders on Mudrex. Traders create these funds using their trading bots. Individual investors can invest in them for a monthly fee and gain the benefits of passive investing!
Join now & get $25 as sign-up bonus. Hurry! Limited period offer. https://mudrex.com/signup?referral_code=MUDR3436
Twitter page: https://twitter.com/officialmudrex
Join our ever-growing discord community where our community traders and investors come
together to discuss ideas and strategies to increase their crypto portfolios : https://discordapp.com/invite/qdXmm4N
Support our ideas on Trading-view : Follow us https://www.tradingview.com/u/Mudrex/
Actually q analysis right here, thanks
The good thing is that the market correctly quickly and was back under $7k.
This I want to believe is because panic level is being reduced as the covid-19 pandemic is getting to it pick across the globe. And we can see some skeletal activities trying to start again. Maybe we are soon going to a major jump soon.
We saw a large volume pump yesterday, which was followed by price pump.
These pumps (or dumps) are unpredictable.
The good thing is that the market correctly quickly and was back under $7k.
These pumps (or dumps) are unpredictable.
The good thing is that the market correctly quickly and was back under $7k.
BTC Daily BTC price analysis BTC
BTC at $6,715
- Weak uptrend today
- MACD and MA's supporting the uptrend
Read our blog : https://blog.mudrex.com/mudrex-price-analysis-43-bitcoin-btc-usd-2nd-april-2020/
About Mudrex :
Mudrex platform helps traders build no-code algo trading bots using Technical analysis based indicators. Mudrex Marketplace is collection of reviewed and verified funds created by professional traders on Mudrex. Traders create these funds using their trading bots. Individual investors can invest in them for a monthly fee and gain the benefits of passive investing!
Signup today: https://mudrex.com/
For more price analysis, follow https://twitter.com/officialmudrex on Twitter
Join our ever-growing discord community where our community traders and investors come
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BTC at $6,715
- Weak uptrend today
- MACD and MA's supporting the uptrend
Read our blog : https://blog.mudrex.com/mudrex-price-analysis-43-bitcoin-btc-usd-2nd-april-2020/
About Mudrex :
Mudrex platform helps traders build no-code algo trading bots using Technical analysis based indicators. Mudrex Marketplace is collection of reviewed and verified funds created by professional traders on Mudrex. Traders create these funds using their trading bots. Individual investors can invest in them for a monthly fee and gain the benefits of passive investing!
Signup today: https://mudrex.com/
For more price analysis, follow https://twitter.com/officialmudrex on Twitter
Join our ever-growing discord community where our community traders and investors come
together to discuss ideas and strategies to increase their crypto portfolios : https://discordapp.com/invite/qdXmm4N
Support our ideas on Trading-view : Follow us https://www.tradingview.com/u/Mudrex/
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