03 Apr 18 - Bitcoin Price Alert

2H Chart - Price Key Points:

• Healthy breakout from approx @ $7055.
• Continuation from approx @ $7331.
• 100MA provides fair support resting approx @ $7338 (time of writing).
• Momentum is up-ticking.
• Volume maintains stability.
• Slight negative divergence on Stochastic RSI.
• Models hint to a temp pause.

Possible Scenarios:

Long: On a confirmed break above $7558 – Price Target $7828 | Probability: 42% | Signal Strength: 5/5

Neutral: Price Range $7349 - $7558

Short: On a confirmed break below $7349 – Price Target $7079 | Probability: 39% | Signal Strength: 4/5

Our Stance: More upside expected.