13 Jul 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Testing 20MA resistance, currently at approx $6288.
- 100MA pointing slightly upwards with current resistance set to approx $6411.
- Indicators positive.
- Volume improving.
- Overhead resistance still adequate.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6271 – Price Target $6513 | Probability: 35% | Signal Strength: 3/5
Neutral: Price Range $6085 - $6271
Short: On a confirmed break below $6085 – Price Target $5823 | Probability: 38% | Signal Strength: 4/5
Our Stance: Neutral.