08 May 18 - Bitcoin Price Alert
2H Chart - Price Key Points:
- Small bear flags resolved.
- Under 100MA, 50MA and 20MA resistance for approx 40HRs.
- Average support at approx $9146.
- Positive volume steady.
- Indicators flat.
- If a bottom is developing, it may soon be in place.
Long: On a confirmed break above $9267 – Price Target $9587 | Probability: 35% | Signal Strength: 3/5
Neutral: Price Range $9000 - $9267
Short: On a confirmed break below $9000 – Price Target $8660 | Probability: 37% | Signal Strength: 4/5
Our Stance: Neutral.