13 Aug 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Average temp rejection point approx at $6438.
  • Support within estimated range.
  • Momentum fairly positive.
  • Indicators steady.
  • Negative volume > positive volume.
  • Another minor retest of yesterday's high might be quite possible.

13 Aug 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6392 – Price Target $6570 | Probability: 35% | Signal Strength: 3/5

Neutral: Price Range $6237 - $6392

Short: On a confirmed break below $6237 – Price Target $6058 | Probability: 35% | Signal Strength: 3/5

Our Stance: Neutral.

13 Aug 18 - Bitcoin Snapshot | Ecency