06 Oct 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- In consolidation mode since 04/Oct/18.
- Temp support slightly improved at approx $6536.
- 20MA in a possible bullish cross (unconfirmed).
- Indicators improving.
- Volume decreasing.
Possible Scenarios (unchanged):
Long: On a confirmed break above $6573 – Price Target $6707 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $6480 - $6573
Short: On a confirmed break below $6480 – Price Target $6347 | Probability: 37% | Signal Strength: 4/5
Our Stance: Speculative long.