23 Oct 18 - Bitcoin Snapshot
bitcoin·@teslaman·
0.000 HBD23 Oct 18 - Bitcoin Snapshot
<b>4H Chart - Price Key Points:</b> - Formation maintains a possible symmetrical triangle (unconfirmed). - 20MA, 50MA and 100MA converging. - RSI and MACD looking for a bottom. - Stochastic RSI with a possible positive divergence. - Average volume remains low. - Models suggest possibilities of a minor buying attempt.  <b>Possible Scenarios (unchanged):</b> <b>Long:</b> On a confirmed break above $6480 – Price Target $6714 | Probability: 40% | Signal Strength: 5/5 <b>Neutral:</b> Price Range $6350 - $6480 <b>Short:</b> On a confirmed break below $6350 – Price Target $6125 | Probability: 36% | Signal Strength: 3/5 <b>Our Stance:</b> Neutral to speculative long.
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