On the 4 hour we see that price action is breaking out of the symmetric triangle as well as the kumo and is generating adequate volume to sustain the current move. We also see a medium strength TK cross occurring in the kumo along with a golden cross of the 20&50 EMA from yesterday. RSI is healthy with plenty of room to run and MACD is slowly picking up momentum.

The hourly further reinforces this bullish sentiment. We see an imminent bullish MACD cross happening and RSI with further room to run. A golden cross of the 50&200 EMA provide confluence with other indicators. The interesting thing about RSI currently is the hidden bullish divergence that is happening. A hidden bull div is depicted with higher lows on price action but lower lows on the oscillator. This shows underlying strength in the trend and points to a good time for an entry as it occurs during retracements.

Optimal Entry: 67k

Likely Range: 67-70.5k

Optimal Profit: 184k+

Interim Targets: 85k, 93k, 104k, 118k, 134k, 170k

Stop/Loss: 61k

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