4H Chart - Price Key Points:
- Strong breakout at approx $6950.
- Upward continuation at approx $7059 and $7166 respectively.
- Peak at approx $7300.
- 100MA with a possibility of crossing 200MA to the upside (unconfirmed).
- Indicators positive.
- Models hint to a temp pause.
Possible Scenarios:
Long: On a confirmed break above $7287 – Price Target $7449 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $7160 - $7287
Short: On a confirmed break below $7160 – Price Target $6996 | Probability: 37% | Signal Strength: 4/5
Our Stance: Protecting longs.