ETHUSDT Analysis by @CryptoGooss

Total Quality
Score
2527.89
1800.0000000000
4000
ETHUSDT
1H
Pending
Free
Analysis Predict Bull Market
Technical
The analysis indicates a new golden cross forming for Bitcoin, with moving average 50 overtaking moving average 200 which occurred in 2023 and 2024 before a massive move to the upside, suggesting a final Bitcoin wave to $120,000-$130,000 is incoming, based on a recurring pattern. The MACD also shows a bullish crossover, supporting the upward movement. A break above resistance at $106,000 is seen as a confirmation for the next move up. Ethereum has been outperforming Bitcoin in Q2 and is consolidating in a resistance zone and will consolidate above that price for a short-term, with a target of $4,000 after breakout. Finally China and USA ready to inject liquidity.
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