2H Chart - Price Key Points:
- Prolonged consolidation for 30HRs.
- Volume rapidly diminishing once again.
- Indicators attempting to find a footing.
- Temp support at approx $6757.
- 20MA bollinger bands reducing gap.
- Models suggest that a possible bottoming process might be developing.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6942 – Price Target $7190 | Probability: 32% | Signal Strength: 2/5
Neutral: Price Range $6688 - $6942
Short: On a confirmed break below $6688 – Price Target $6419 | Probability: 35% | Signal Strength: 3/5
Our Stance: Out of shorts.