05 Jul 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Consolidating for 24HRs.
- 200MA resistance declined to approx $6714.
- 50MA sloping upwards, possible 100MA bullish cross (not confirmed yet).
- 20MA ascending.
- Indicators steady.
- Volume Balanced.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6782 – Price Target $7169 | Probability: 39% | Signal Strength: 4/5
Neutral: Price Range $6525 - $6782
Short: On a confirmed break below $6525 – Price Target $6184 | Probability: 35% | Signal Strength: 3/5
Our Stance: Adding speculative longs.