22 Oct 18 - Bitcoin Snapshot

[teslaman]

4H Chart - Price Key Points:

• Current pattern resembles to a possible symmetrical triangle (unconfirmed).
• 20MA over 100MA.
• 50MA ready to cross 100MA to the upside.
• Indicators slightly weak.
• Average volume very low.

Possible Scenarios (unchanged):

Long: On a confirmed break above $6480 – Price Target $6714 | Probability: 40% | Signal Strength: 5/5

Neutral: Price Range $6350 - $6480

Short: On a confirmed break below $6350 – Price Target $6125 | Probability: 36% | Signal Strength: 3/5

Our Stance: Neutral to speculative long.

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