15 Oct 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Bullish flag formation.
  • Double support at approx $6182.
  • Excellent bullish breakout from approx $6214.
  • Slight resistance at approx $6412.
  • Indicators positive.
  • Signals hint to another possible buying attempt.

15 Oct 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $6480 – Price Target $6714 | Probability: 40% | Signal Strength: 5/5

Neutral: Price Range $6350 - $6480

Short: On a confirmed break below $6350 – Price Target $6125 | Probability: 36% | Signal Strength: 3/5

Our Stance: Long.

15 Oct 18 - Bitcoin Snapshot | Ecency