24 May 18 - Bitcoin Price Alert
4H Chart - Price Key Points:
- Attempt for a temp bottom at approx $7375.
- Negative volume diminishing.
- Momentum stabilizing.
- Indicators mixed.
- Models hint to possibility of a minor buying attempt.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $7634 – Price Target $7917 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $7410 - $7634
Short: On a confirmed break below $7410 – Price Target $7136 | Probability: 31% | Signal Strength: 2/5
Our Stance: Tight longs in place.