4H Chart - Price Key Points:
- 100MA crossed over 200MA (confirmed).
- 20MA, 50MA pointing strongly upwards.
- Fair support at approx $7223.
- Indicators in line with price.
- Volume indicates that market is preparing for the next move.
- Signals support a possible bullish attempt.
Possible Scenarios (unchanged) :
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: Neutral to long.
Great article, @teslaman!