07 Jun 18 - Bitcoin Price Alert

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
ยท@teslamanยท
0.000 HBD
07 Jun 18 - Bitcoin Price Alert
<b>2H Chart - Price Key Points:</b>

- Average resistance at approx $7714.
- 20MA crossed 50MA, 100MA and  200MA to the upside (confirmed).
- Indicators signalling a temp weakness.
- Participation low.
- Models suggest that momentum might still favor the upside.


![07 Jun 18 - BitStamp - BTCUSD.jpg](https://cdn.steemitimages.com/DQmagN7KBkAnNfqriSBxsRDX6aTPbawkxkfA1HWFpUS6T3u/07%20Jun%2018%20-%20BitStamp%20-%20BTCUSD.jpg)


<b>Possible Scenarios (adjusted) :</b>

<b>Long:</b> On a confirmed break above $7746 โ€“ Price Target $7852 | Probability: 32% | Signal Strength: 2/5

<b>Neutral:</b> Price Range $7626 - $7746

<b>Short:</b> On a confirmed break below $7626 โ€“ Price Target $7520 | Probability: 30% | Signal Strength: 2/5


<b>Our Stance:</b> Protecting long positions.
๐Ÿ‘ , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,