15 Jun 18 - Bitcoin Price Alert

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4H Chart - Price Key Points:

  • Current resistance at approx $6646.
  • Testing 20MA support for the past 28HRs.
  • Indicators signal a possibility of temp weakness.
  • Momentum slightly negative.
  • Average volume diminishing.

15 Jun 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $6580 – Price Target $6803 | Probability: 34% | Signal Strength: 5/5

Neutral: Price Range $6422 - $6580

Short: On a confirmed break below $6422 – Price Target $6156 | Probability: 41% | Signal Strength: 3/5

Our Stance: Out of longs.