17 Jul 18 - Bitcoin Snapshot

in #bitcoin8 years ago

4H Chart - Price Key Points:

  • Tight range for the past 24HRs.
  • 20MA crossed over 50MA and 200MA.
  • Indicators signal a temp pause.
  • Volume declining.

17 Jul 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6779 – Price Target $6991 | Probability: 36% | Signal Strength: 3/5

Neutral: Price Range $6599 - $6779

Short: On a confirmed break below $6599 – Price Target $6409 | Probability: 33% | Signal Strength: 2/5

Our Stance: Protecting longs.

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