12 Oct 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Testing critical support.
- Consolidating for the past 44Hrs.
- RSI, MACD weak.
- Stochastic RSI attempting to signal a bounce.
- Volume very low.
Possible Scenarios (unchanged):
Long: On a confirmed break above $6285 – Price Target $6493 | Probability: 34% | Signal Strength: 3/5
Neutral: Price Range $6101 - $6285
Short: On a confirmed break below $6101 – Price Target $5877 | Probability: 38% | Signal Strength: 5/5
Our Stance: Neutral.