10 Nov 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Within neutral range for the past 24Hrs.
  • 100MA resistance at approx $6371.
  • 200MA resistance at approx $6376.
  • RSI and MACD attempting to set a bottom.
  • Stochastic RSI positive.
  • Volume declining.

10 Nov 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6413 – Price Target $6522 | Probability: 36% | Signal Strength: 3/5

Neutral: Price Range $6340 - $6413

Short: On a confirmed break below $6340 – Price Target $6230 | Probability: 39% | Signal Strength: 4/5

Our Stance: Neutral.

10 Nov 18 - Bitcoin Snapshot | Ecency