BTC/USD Daily Chart
- BTC/USD is currently trading for $8,020.
- The bulls will be aiming for the $8,050 level in the short-term.
- The price is currently consolidating in a flag formation priming for a breakout.
- BTC/USD is comfortably trading above the SMA 200, SMA 50, and SMA 20 curves.
- The Elliot wave oscillator shows 14 consecutive bullish sessions.
BTC/USD 4-Hour Chart
- The 4-hour BTC/USD market has had a bullish outbreak from the triangle formation.
- The chart overtook the upper curve of the 20-day Bollinger band five sessions back but then crept back inside towards the SMA 20 curve.
- The price found support on the $7,770 line and bounced back up.
- The relative strength index (RSI) indicator is creeping next to the overbought territory.
BTC/USD Hourly Chart
- The hourly price is currently trending inside a cup and saucer pattern.
- The price found support on the upward trending line and bounced back up.
- The signal line is converging with the MACD line indicating decreasing bearish momentum.
|Today last price||8039.11|
|Today Daily Change||48.41|
|Today Daily Change %||0.61|
|Today daily open||7990.7|
|Previous Daily High||8337.26|
|Previous Daily Low||7623.54|
|Previous Weekly High||6428.2|
|Previous Weekly Low||5564.95|
|Previous Monthly High||5632.53|
|Previous Monthly Low||4052.2|
|Daily Fibonacci 38.2%||8064.62|
|Daily Fibonacci 61.8%||7896.19|
|Daily Pivot Point S1||7630.4|
|Daily Pivot Point S2||7270.11|
|Daily Pivot Point S3||6916.68|
|Daily Pivot Point R1||8344.13|
|Daily Pivot Point R2||8697.56|
|Daily Pivot Point R3||9057.85|
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