02 Nov 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Temp resistance at approx $6355.
- 50MA support at $6347.
- 100MA resistance at $6379.
- 200MA resistance at $6413.
- Buying volume evident.
Possible Scenarios (unchanged):
Long: On a confirmed break above $6359 – Price Target $6484 | Probability: 40% | Signal Strength: 5/5
Neutral: Price Range $6281 - $6359
Short: On a confirmed break below $6281 – Price Target $6168 | Probability: 36% | Signal Strength: 3/5
Our Stance: Tight speculative long.