22 Sep 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Consolidating for the past 16Hrs.
  • Fair resistance at approx $6745.
  • All MA's (20, 50, 100, 200) slightly upwards sloping.
  • Indicators stabilizing.
  • Volume improving.
  • Signals point to another possible buying attempt.

22 Sep 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6789 – Price Target $6986 | Probability: 37% | Signal Strength: 4/5

Neutral: Price Range $6649 - $6789

Short: On a confirmed break below $6649 – Price Target $6451 | Probability: 37% | Signal Strength: 4/5

Our Stance: Neutral.

22 Sep 18 - Bitcoin Snapshot | Ecency