02 Jul 18 - Bitcoin Snapshot

Words
71
Reading
1 min
Listen
Play
8y

4H Chart - Price Key Points:

  • Bullish breakout continuation at approx $6330.
  • Fair support at approx $6566.
  • 200MA resistance at approx $6786.
  • Indicators positive.
  • Momentum steady.
  • Average volume positive.

02 Jul 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (adjusted) :

Long: On a confirmed break above $6782 – Price Target $7169 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $6525 - $6782

Short: On a confirmed break below $6525 – Price Target $6184 | Probability: 35% | Signal Strength: 3/5

Our Stance: Protecting longs.