26 Jul 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Double support at approx $8126 and $8121.
  • Moving averages ascending.
  • RSI and MACD stable.
  • Stochastic RSI with a possible positive divergence.
  • Volume balanced.
  • Odds for another buying attempt increase.

26 Jul 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged) :

Long: On a confirmed break above $8382 – Price Target $8649 | Probability: 36% | Signal Strength: 3/5

Neutral: Price Range $8382 - $8147

Short: On a confirmed break below $7147 – Price Target $7900 | Probability: 33% | Signal Strength: 2/5

Our Stance: Neutral to long.

26 Jul 18 - Bitcoin Snapshot | Ecency