Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Entry 114,358.0000 2025-08-20 21:41 UTC
Target 74,990.0000
Fail 116,800.0000 In 1 Days
Risk / Reward 1 : 16
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Final PnL
-2.14%
P/L:
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BTCUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis focuses on BTC and ETH, identifying bearish patterns. For Bitcoin, a rising wedge on the daily chart suggests a potential drop to $74,990. Resistance is noted around $116,600. The analysis also incorporates Fibonacci retracement levels to identify support and resistance. For Ethereum, a downward channel formation is identified, with a major support level at $4059. If this level breaks, a further decline is expected. Ethereum price is at $4221, the main goal is $3891, but, the fail value is $4567 in the case of bullish breakout.
Principled
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Accurate
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