10 Aug 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Double rejection at approx $6544.
- 20MA resistance at $6566.
- Indicators mixed.
- Volume slightly balanced.
- Indecision is evident.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6584 – Price Target $6804 | Probability: 30% | Signal Strength: 2/5
Neutral: Price Range $6370 - $6584
Short: On a confirmed break below $6370 – Price Target $6064 | Probability: 41% | Signal Strength: 4/5
Our Stance: Neutral.