MES1! Analysis by @harmynder

Total Quality
Score
5964
5800.0000000000
6140
MES1!
1H
Fail
Free
Analysis Predict Range Market
Technical
The analysis suggests Bitcoin is approaching a buy zone around 104k, with a potential target of 114k, noting a 1.59% decline. Ethereum shows a similar pattern, with an expected buy zone around 2400, after declining from 2600. S&P 500 futures are consolidating around a neutral zone, currently down 0.3% after a 1.71% move. NASDAQ futures also consolidate near a neutral line after a 2% rise. Dow Jones futures show a similar chart pattern. Russell 2000 looks the strongest and is headed towards neutral and a gap exists at 5670. The analyst highlights a sell signal for S&P 500 from a prior level 7 and recommends securing profits. Potential point of control is around 5966 with significant resistance seen near 6146. Analyst sees a downside target for ethereum futures around 1700 in a bearish bitcoin scenario.
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