13 Jun 18 - Bitcoin Price Alert

in #bitcoin6 years ago

4H Chart - Price Key Points:

  • Triple downward continuation from approx $6554.
  • Temp support at approx $6290.
  • Indicators attempting to stabilize.
  • RSI paints a positive divergence.
  • Momentum remains sightly negative.
  • Minor possibilities for a bounce.

13 Jun 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $6444 – Price Target $6686 | Probability: 33% | Signal Strength: 2/5

Neutral: Price Range $6209 - $6444

Short: On a confirmed break below $6209 – Price Target $5948 | Probability: 35% | Signal Strength: 3/5

Our Stance: Speculative longs.

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