17 Jun 18 - Bitcoin Price Alert

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4H Chart - Price Key Points:

  • Consolidating for 28HRs.
  • Average support at approx $6503.
  • Trending along the 20MA.
  • Volume faint.
  • Momentum neutral.
  • Indicators signal indecision.

17 Jun 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

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: Neutral.