02 Oct 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Minor reversal at approx $6570.
  • Daily low at approx $6447
  • Stochastic RSI with a slight positive divergence.
  • Buying volume significant.

02 Oct 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6641 – Price Target $6801 | Probability: 33% | Signal Strength: 2/5

Neutral: Price Range $6506 - $6641

Short: On a confirmed break below $6506 – Price Target $6335 | Probability: 37% | Signal Strength: 4/5

Our Stance: Neutral to long.

02 Oct 18 - Bitcoin Snapshot | Ecency