20 Aug 18 - Bitcoin Snapshot

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4H Chart - Price Key Points (expired/delayed snap):

  • Average support at approx $6433.
  • Indicators positive.
  • Volume adequate.
  • Still in the process of forming a possible pennant (unconfirmed)

20 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.

20 Aug 18 - Bitcoin Snapshot | Ecency