13 Aug 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Average temp rejection point approx at $6438.
- Support within estimated range.
- Momentum fairly positive.
- Indicators steady.
- Negative volume > positive volume.
- Another minor retest of yesterday's high might be quite possible.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6392 – Price Target $6570 | Probability: 35% | Signal Strength: 3/5
Neutral: Price Range $6237 - $6392
Short: On a confirmed break below $6237 – Price Target $6058 | Probability: 35% | Signal Strength: 3/5
Our Stance: Neutral.