16 May 18 - Bitcoin Price Alert
4H Chart - Price Key Points:
- Downward continuation from approx $8481 slightly absorbed.
- Temp support at approx $8164 (fair value).
- Under 20MA, 50MA, 100MA, 200MA.
- RSI and MACD render positive divergences since 12th of May.
- Stochastic RSI stable.
- Current momentum indecisive.
- Models hint that current retrace might resolve to a bear trap.
Possible Scenarios:
Long: On a confirmed break above $8400 – Price Target $8604 | Probability: 30% | Signal Strength: 2/5
Neutral: Price Range $8153 - $8400
Short: On a confirmed break below $8153 – Price Target $7923 | Probability: 34% | Signal Strength: 3/5
Our Stance: Expecting a minor retest of yesterdays lows.
@therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday.
https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam