22 Apr 18 - Bitcoin Price Alert
2H Chart - Price Key Points:
- Rode the 100MA upper Bollinger band for 44HRs.
- Currently consolidating "inside" the 100MA upper Bollinger band with an average value of approx $8893.
- MACD paints a prolonged negative divergence.
- Remaining indicators stable.
- Models hint that a minor weakness might rest ahead.
Possible Scenarios (adjusted) :
Long: On a confirmed break above $9039 – Price Target $9305 | Probability: 39% | Signal Strength: 4/5
Neutral: Price Range $8822 - $9039
Short: On a confirmed break below $8822 – Price Target $8632 | Probability: 28% | Signal Strength: 1/5
Our Stance: Considering to speculate on tight short positions.