09 Oct 18 - Bitcoin Snapshot

in #bitcoin6 years ago

4H Chart - Price Key Points:

  • Temp resistance at approx $6631.
  • Fair support at $6574.
  • 200MA inching upwards at approx $6489.
  • Indicators healthy.
  • Buying volume average.

09 Oct 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6670 – Price Target $6773 | Probability: 38% | Signal Strength: 4/5

Neutral: Price Range $6600 - $6773

Short: On a confirmed break below $6600 – Price Target $6500 | Probability: 34% | Signal Strength: 3/5

Our Stance: Neutral.

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