19 Aug 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • 20MA getting near 100MA.
  • Average support at approx $6373.
  • Indicators steady.
  • Volume very low.
  • In the process of forming a pennant (unconfirmed)

19 Aug 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $6636 – Price Target $6836 | Probability: 34% | Signal Strength: 3/5

Neutral: Price Range $6446 - $6636

Short: On a confirmed break below $6446 – Price Target $6249 | Probability: 34% | Signal Strength: 3/5

Our Stance: Neutral.

19 Aug 18 - Bitcoin Snapshot | Ecency