26 May 18 - Bitcoin Price Alert

Words
71
Reading
1 min
Listen
Play
8y

4H Chart - Price Key Points:

  • Overextended consolidation for the past 80HRs.
  • Indicators sloping upwards.
  • Volume extremely low.
  • Momentum stable.
  • Models hint that the next move might be very near.

26 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.