08 Jun 18 - Bitcoin Price Alert

in #bitcoin6 years ago (edited)

2H Chart - Price Key Points:

  • Small breakdown at approx $7625 was quickly bought.
  • 50MA and 100MA provided fair support.
  • Indicators neutral.
  • Possibilities of retesting current low at approx $7542.

08 Jun 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $7746 – Price Target $7852 | Probability: 32% | Signal Strength: 2/5

Neutral: Price Range $7626 - $7746

Short: On a confirmed break below $7626 – Price Target $7520 | Probability: 30% | Signal Strength: 2/5

Our Stance: Waiting for further confirmations.

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