10 Nov 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Within neutral range for the past 24Hrs.
- 100MA resistance at approx $6371.
- 200MA resistance at approx $6376.
- RSI and MACD attempting to set a bottom.
- Stochastic RSI positive.
- Volume declining.
Possible Scenarios (unchanged):
Long: On a confirmed break above $6413 – Price Target $6522 | Probability: 36% | Signal Strength: 3/5
Neutral: Price Range $6340 - $6413
Short: On a confirmed break below $6340 – Price Target $6230 | Probability: 39% | Signal Strength: 4/5
Our Stance: Neutral.
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