14 May 18 - Bitcoin Price Alert

in #bitcoin6 years ago

4H Chart - Price Key Points:

  • Bullish flag breakout from approx $8441 (confirmed).
  • 200MA resistance tested for the past 12HRs.
  • Volume supports current move.
  • Momentum positive.
  • A possible continuation attempt might be in play.

14 May 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $8909 – Price Target $9207 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $8705 - $8909

Short: On a confirmed break below $8705 – Price Target $8407 | Probability: 34% | Signal Strength: 3/5

Our Stance: Market in a make it or break it situation.

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