Trading Cryptocurrencies with the help of Technical Analysis can be very powerful and rewarding. History shows that if you cut your losses short and let your winners run, you'll make fortune from trading, and Technical Analysis helps you do just that. It allow you to Identify market direction, Trend and Stop Loss.
Bitcoin (BTC) Price Predictions / Bitcoin (BTC) Forecast
After | Price | Change |
---|---|---|
1 day | $6,702.4037 | 0.62% |
1 week | $6,783.2422 | 1.83% |
1 month | $6,724.8739 | 0.96% |
6 months | $7,284.7353 | 9.36% |
1 year | $9,632.5704 | 44.61% |
5 years | $24,171.1785 | 262.87% |
We've applied Technical Analysis to the price of Bitcoin (BTC/USD) for today and predict where price is headed.
The stochastic oscillator is a momentum indicator that compares the closing price of a security with the price range over a specific period. Stochastic oscillator is indicating Neutral action, with value at 68.3.
The Commodity Channel Index (CCI) is a momentum oscillator used in technical analysis to measure an instrument's deviation from its statistical average. Commodity Channel Index is at 93.3, indicating Neutral action.
The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is indicating Neutral action, with value at 52.8.
100 days Exponential Moving Average is indicating Sell action with value at 6895.3, Bitcoin is trading below it at $6661.03. 20 days Simple Moving Average is indicating Buy since Bitcoin is trading at $6661.03, below MAs value of 6483.6. 30 days Simple Moving Average is indicating Buy action with value at 6620, Bitcoin is trading below it at $6661.03.
10 days Exponential Moving Average is at 6579.7, showing Buy signal, Bitcoin is trading below it at $6661.03. 10 days Simple Moving Average is indicating Buy action with value at 6592.6, Bitcoin is trading below it at $6661.03. 100 days Simple Moving Average is indicating Sell action with value at 6745, Bitcoin is trading below it at $6661.03.
9 days Ichimoku Cloud Base Line is indicating Neutral since Bitcoin is trading at $6661.03, below MAs value of 6757.7. 9 days Hull Moving Average is at 6558.4, showing Buy signal, Bitcoin is trading below it at $6661.03. 200 days Exponential Moving Average is at 7321.6, showing Sell signal, Bitcoin is trading below it at $6661.03.
50 days Simple Moving Average is indicating Buy since Bitcoin is trading at $6661.03, below MAs value of 6571.3. 20 days Exponential Moving Average is indicating Buy action with value at 6571.4, Bitcoin is trading below it at $6661.03. 200 days Simple Moving Average is at 7365.1, showing Sell signal, Bitcoin is trading below it at $6661.03.
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20 days Volume Weighted Moving Average is indicating Buy since Bitcoin is trading at $6661.03, below MAs value of 6488.2. 30 days Exponential Moving Average is at 6593.9, showing Buy signal, Bitcoin is trading below it at $6661.03. 50 days Exponential Moving Average is indicating Buy action with value at 6659.5, Bitcoin is trading below it at $6661.03.
Other Technical Price Analysis for today:
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 28 September 2018
EOS (EOS/USD) Price Prediction via Technical Analysis for 28 September 2018
Litecoin (LTC/USD) Price Prediction via Technical Analysis for 28 September 2018