13 Jul 18 - Bitcoin Snapshot

in #bitcoin6 years ago

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.

13 Jul 18 - BitStamp - BTCUSD.jpg

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.

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