17 Oct 18 - Bitcoin Snapshot

in #bitcoin6 years ago (edited)

4H Chart - Price Key Points:

  • Within range for the past 64Hrs.
  • RSI and MACD stable.
  • Stochastic RSI attempting to set a bottom.
  • Volume significantly low.

17 Oct 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6480 – Price Target $6714 | Probability: 40% | Signal Strength: 5/5

Neutral: Price Range $6350 - $6480

Short: On a confirmed break below $6350 – Price Target $6125 | Probability: 36% | Signal Strength: 3/5

Our Stance: Neutral to speculative long.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 61184.91
ETH 2402.84
USDT 1.00
SBD 2.64