@WolvesOfCrypto_
YouTube
Avg. Quality
73
Success Rate
39.78
Analysis
93
Correct
37
Fail
45
Pending
11
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Long Entry
110,785.0000
2025-10-24
19:25 UTC
Target
127,000.0000
Fail
102,000.0000
In 1 Weeks
Risk/Reward
1 : 2
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Final PnL
-7.93%
P/L: —
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The analysis focuses on Bitcoin using technical indicators and chart patterns to predict future price movements. It highlights the importance of breaking the resistance zone around $127,000, which has caused three rejections in recent months. The analysis suggests a cautious approach, leaning bearish due to a topping period of the 4 year cycle, potential exhaustion, and medium term downtrend. It mentions the importance of the 50 week SMA at around $102,000 and a descending wedge formation. Invalidation of this bias depends on breaching the above resistance zone; if Bitcoin continues downward momentum it's like a standard bearish phase could be confirmed. It touches on the two week chart RSI with mention of a triangle pointing to an imminent large move and uses the Bollinger band width indicator to confirm.