29 Sep 18 - Bitcoin Snapshot

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4H Chart - Price Key Points:

  • Reversal at approx $6670.
  • Downward continuation at approx $6608.
  • Indicators weakening.
  • Volume declining.
  • Models support another possible leg down.

29 Sep 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $6641 – Price Target $6801 | Probability: 33% | Signal Strength: 2/5

Neutral: Price Range $6506 - $6641

Short: On a confirmed break below $6506 – Price Target $6335 | Probability: 37% | Signal Strength: 4/5

Our Stance: Speculative short.

29 Sep 18 - Bitcoin Snapshot | Ecency