26 - 27 Sep 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Lower support at approx $6470.
- Bullish breakout at approx $6480.
- Explosive continuation upwards initiated at approx $6487.
- Indicators positive.
- Volume steady.
- Possibility of a bullish flag formation in progress (unconfirmed).
Possible Scenarios:
Long: On a confirmed break above $6721 – Price Target $6868 | Probability: 39% | Signal Strength: 4/5
Neutral: Price Range $6619 - $6721
Short: On a confirmed break below $6619 – Price Target $6480 | Probability: 34% | Signal Strength: 3/5
Our Stance: Long.
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