ETHUSDT Analysis by @CryptoGooss

Total Quality
Score
2749.39
1700.0000000000
4400
ETHUSDT
1H
Pending
Free
Analysis Predict Bull Market
crypto
Technical
The analysis focuses on Bitcoin and Ethereum using technical indicators. Bitcoin is currently around $109,500 and is predicted to reach $130,000, with a failure bound around $95,000, showing a breakout from the downtrend and entering the expansion phase. A golden cross formation on the bull market support band, which needs to expand. The breakout from a falling wedge signals a potential leg higher, with funding rates not yet overheated. Ethereum is currently around $2680, awaiting a breakout above its consolidation range and is predicted to reach a range high of $4400, with a failure bound at $1700. The Bitcoin vs Ethereum chart signals a capital rotation into Ethereum.
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