01 Nov 18 - Bitcoin Snapshot
4H Chart - Price Key Points:
- Average support at approx $6310.
- Overhead MA resistance levels lower.
- Indicators steady.
- Volume supportive.
- Signals indicate possibilities of another minor buying attempt.
Possible Scenarios:
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.