07 Oct 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- 200MA support lowered at approx $6515.
- 20MA over 50MA.
- RSI stable.
- MACD with a slight negative signal.
- Stochastic attempting to set a bottom.
Possible Scenarios (unchanged):
Long: On a confirmed break above $6573 – Price Target $6707 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $6480 - $6573
Short: On a confirmed break below $6480 – Price Target $6347 | Probability: 37% | Signal Strength: 4/5
Our Stance: Tight speculative long.
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