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This analysis has a 61.23% probability of being Failure

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If You Had Traded on This Analysis…
Fail
ETHBTC
Short Entry 0.0376 2025-08-16 21:54 UTC
Target 0.0350 Fail 0.0400 In 5 Days
Risk/Reward 1 : 1
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Final PnL
-6.44%
P/L:
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ETHBTC
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
This video provides technical analysis for Bitcoin, Ethereum, Chainlink, and XRP. According to the analyst, although BTC is bouncing from a support level of 117,000, the weekly chart still shows a bearish divergence. He notes a lack of momentum on the 3-day chart, anticipating a slowdown in Bitcoin's price increase over the coming months rather than significant bullish momentum. A daily bearish divergence is confirmed between 120,000 to 123,000. He expects a pullback, identifying price target around 115,323, and sets 120000 as fail bound, also he is looking for more weakness in the price. Ethereum is showing strong resistance to 4,900. The analysis sees a 1 week to 2 weeks pullback. For Chainlink, the price is rejecting the range of 24 to 25. According to the expert XRP is in a large bearish price structure and the previous bullish moves are losing steam on multiple time frames.
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