28 Oct 18 - Bitcoin Snapshot

in #bitcoin • 6 years ago

4H Chart - Price Key Points:

  • 2 weeks without any significant direction.
  • Symmetrical triangle intact.
  • 20MA, 50MA and 100MA Bollinger bands extremely narrow.
  • 200MA resistance at approx $6447.
  • Indicators attempting to set a bottom.
  • Models suggest that the next major move is getting near.

28 Oct 18 - BitStamp - BTCUSD.jpg

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: Speculative long.

#steemit #trading #blockchain #crypto
6 years ago in #bitcoin by
$3.27
  • Past Payouts $3.27, 0.00 TRX
  • - Author $2.50, 0.00 TRX
  • - Curators $0.77, 0.00 TRX
96 votes
Reply 1
Sort:  
  • Trending
    • [-]
     6 years ago 

    Congratulations @teslaman! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

    You published a post every day of the week

    Click here to view your Board of Honor
    If you no longer want to receive notifications, reply to this comment with the word STOP

    To support your work, I also upvoted your post!

    Do not miss the last post from @steemitboard:

    Trick or Treat - Publish your scariest halloween story and win a new badge
    SteemitBoard notifications improved

    Support SteemitBoard's project! Vote for its witness and get one more award!

    $0.00
      Reply