Total Quality
Score
If You Had Traded on This Analysis…
Pending

BTCUSDT
Entry
112,324.0000
2025-08-21
20:14 UTC
Target
74,532.0000
Fail
117,756.0000
Risk / Reward
1 : 7
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BTCUSDT
Pending

Body
The analysis identifies a rising wedge pattern on the daily timeframe for Bitcoin, a bearish indicator. Bitcoin is currently trading around 113800. The analyst notes the market's repeated attempts to break through the resistance line of this pattern, with rejections leading to price declines. He infers a potential target for Bitcoin around 74000-75000 based on the rising wedge pattern and its potential bearish breakout. The analysis suggests Bitcoin may attempt to retest the resistance before falling to the target. For Etherium a bullish pattern can be appreciated in the 4H chart.