BTCUSDT Analysis by harmynder

Total Quality
Score
102539
96900.0000000000
103000
BTCUSDT
1H
Correct
Free
technical
The analysis discusses Bitcoin and Ethereum's price actions based on indicators showing buy and sell zones, with a focus on price behavior relative to specific bands of the indicator. Bitcoin touched its buy zone at 97000 and is currently at 102500, indicating a buy zone hit. A similar behavior is noted on Ethereum where the buy zones are identified. Bitcoin's implied target is 103000, and a reasonable fail bound would be 96900. Ethereum's implied target is 3650, with 3200 as the calculated failure level. The indicators showed a sell in the past for both coins followed by a buy zone hit, the analysis predicts a bullish movement.
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