28 Sep 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Double rejection at approx $6767 and $6765 respectively.
  • Indicators ascending.
  • Buying volume strong.
  • 20MA, 50MA, 100MA sloping upwards.

28 Sep 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above $6721 – Price Target $6868 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $6619 - $6721

Short: On a confirmed break below $6619 – Price Target $6480 | Probability: 34% | Signal Strength: 3/5

Our Stance: Neutral to long.

28 Sep 18 - Bitcoin Snapshot | Ecency