20 Mar 18 - Bitcoin Price Alert

in bitcoin •  7 years ago 

2H Chart - Price Key Points:

  • Breakout from $8540 has been solid but not so extensive
  • Momentum supports current uptrend
  • Volume is healthy
  • Solid resistance @ 200MA approximately $9228
  • Monitoring whether this resolves to a continuation (bullish) pattern

20 Mar 18 - BitStamp - BTCUSD.jpg

Possible Scenarios:

Long: On a confirmed break above $9054 – Price Target $9366 | Probability: 39% | Signal Strength: 4/5

Neutral: Price Range $9054 - $8787

Short: On a confirmed break below $8787 – Price Target $8560 | Probability: 28% | Signal Strength: 1/5

Our Stance: Following the current price action.

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Followed and Upvoted, Keep up the good work and looking forward to more from you.

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