11 Jul 18 - Bitcoin Snapshot

4H Chart - Price Key Points:

• 20MA and 50MA might roll over.
• Average support at approx $6327.
• Indicators attempting in a possible bottoming process.
• Stockastic RSI still positive.
• Volume balanced.
• Models hint to a sharp lower retest.

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6452 – Price Target $6762 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $6266 - $6452

Short: On a confirmed break below $6266 – Price Target $5976 | Probability: 37% | Signal Strength: 3/5

Our Stance: Neutral to short.