08 May 18 - Bitcoin Price Alert

2H Chart - Price Key Points:

• Small bear flags resolved.
• Under 100MA, 50MA and 20MA resistance for approx 40HRs.
• Average support at approx $9146.
• Positive volume steady.
• Indicators flat.
• If a bottom is developing, it may soon be in place.

Possible Scenarios:

Long: On a confirmed break above $9267 – Price Target $9587 | Probability: 35% | Signal Strength: 3/5

Neutral: Price Range $9000 - $9267

Short: On a confirmed break below $9000 – Price Target $8660 | Probability: 37% | Signal Strength: 4/5

Our Stance: Neutral.