4H Chart - Price Key Points:
- Bullish breakout with a solid flagpole initiated at approx $6359.
- Ascending over 20MA, 50MA, 100MA and 200MA.
- Indicators positive.
- Volume supportive.
- Temp consolidation expected.
Possible Scenarios:
Long: On a confirmed break above $6779 – Price Target $6991 | Probability: 36% | Signal Strength: 3/5
Neutral: Price Range $6599 - $6779
Short: On a confirmed break below $6599 – Price Target $6409 | Probability: 33% | Signal Strength: 2/5
Our Stance: Tight longs.