13 Oct 18 - Bitcoin Snapshot

4H Chart - Price Key Points:

• In neutral range for the past 56Hrs.
• 20MA bollinger bands closing the gap.
• 200MA resistance at approx $6480.
• RSI with a slight positive divergence.
• MACD still negative.
• Stochastic a bit extended.
• Models suggest that a minor buying attempt might be possible.

Possible Scenarios (unchanged):

Long: On a confirmed break above $6285 – Price Target $6493 | Probability: 34% | Signal Strength: 3/5

Neutral: Price Range $6101 - $6285

Short: On a confirmed break below $6101 – Price Target $5877 | Probability: 38% | Signal Strength: 5/5

Our Stance: Tight speculative longs.