31 Oct 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Adequate buying attempt at approx $6267.
- Minor resistance at approx $6330.
- RSI, MACD and Stochastic RSI positive.
- Selling volume < Buying volume
Possible Scenarios (unchanged):
Long: On a confirmed break above $6306 – Price Target $6486 | Probability: 42% | Signal Strength: 5/5
Neutral: Price Range $6206 - $6306
Short: On a confirmed break below $6206 – Price Target $6054 | Probability: 35% | Signal Strength: 3/5
Our Stance: Maintain speculative long approach.
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