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02 Nov 18 - Bitcoin Snapshot

4H Chart - Price Key Points:

  • Temp resistance at approx $6355.
  • 50MA support at $6347.
  • 100MA resistance at $6379.
  • 200MA resistance at $6413.
  • Buying volume evident.

02 Nov 18 - BitStamp - BTCUSD.jpg

Possible Scenarios (unchanged):

Long: On a confirmed break above 6359PriceTarget6359 – Price Target6484 | Probability: 40% | Signal Strength: 5/5

Neutral: Price Range 6281-6281 -6359

Short: On a confirmed break below 6281PriceTarget6281 – Price Target6168 | Probability: 36% | Signal Strength: 3/5

Our Stance: Tight speculative long.

81 upvotes $0.75

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