25 May 18 - Bitcoin Price Alert

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4H Chart - Price Key Points:

  • Average resistance approx $7602.
  • Average support approx $7421.
  • Overall volume insignificant.
  • Momentum weak.
  • Possibilities of another leg down.

25 May 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $7634 – Price Target $7917 | Probability: 37% | Signal Strength: 4/5

Neutral: Price Range $7410 - $7634

Short: On a confirmed break below $7410 – Price Target $7136 | Probability: 31% | Signal Strength: 2/5

Our Stance: Neutral.