13 Sep 18 - Bitcoin Snapshot

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ยท@teslamanยท
0.000 HBD
13 Sep 18 - Bitcoin Snapshot
<b>4H Chart - Price Key Points:</b>

- Start of the recent ascending move at approx $6236.
- Upward continuation at approx $6381.
- 20MA might be ready to cross 50MA to the upside
- Indicators positive.
- Volume mixed.
- Signals suggest further upside (increased possibility).


![13 Sep 18 - BitStamp - BTCUSD.jpg](https://cdn.steemitimages.com/DQmbqK3Vr5evVjLKBvaEVLBKrqzp25LtT7ZWjEDwmoxSHKh/13%20Sep%2018%20-%20BitStamp%20-%20BTCUSD.jpg)


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

<b>Long:</b> On a confirmed break above $6550 โ€“ Price Target $6976 | Probability: 32% | Signal Strength: 2/5

<b>Neutral:</b> Price Range $6247 - $6550

<b>Short:</b> On a confirmed break below $6247 โ€“ Price Target $5789 | Probability: 39% | Signal Strength: 4/5


<b>Our Stance:</b> Long.
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