15 Aug 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Triple breakout continuation ($6084, $6194, $6297).
  • Formation resembles the 3 advancing soldiers.
  • Indicators positive.
  • Volume improving.
  • Models hint to temp consolidation.

15 Aug 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $6450 – Price Target $6629 | Probability: 37% | Signal Strength: 4/5

Neutral: Price Range $6450 - $6309

Short: On a confirmed break below $6309 – Price Target $6142 | Probability: 34% | Signal Strength: 3/5

Our Stance: Tight longs.

15 Aug 18 - Bitcoin Snapshot | Ecency