Verified by TP AI

This analysis has a 61.79% probability of being Failure

Estimated by Tahlil Plus AI using 1,842,000 records across the last 90 days.

Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Long Entry 109,738.0000 2025-05-22 00:30 UTC
Target 114,000.0000 Fail 104,000.0000 In 1 Weeks
Risk/Reward 1 : 1
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Final PnL
-5.23%
P/L:
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BTCUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis begins with Bitcoin reaching a new all-time high of $110,000 after a drop from inauguration day. A bearish shark harmonic pattern was identified earlier, targeting $86,000. Bitcoin back-tested a range between $80,000 and $110,000. There was negative news surrounding tariff uncertainty during this period. The analysis points out Bitcoin mirrored its high-price action at a lower level by taking out the low after taking out the high. After reclaiming the yearly pivot, the analyst targeted another harmonic setup around $112,000-$114,000. Previously, a shark pattern was identified projecting a move to $107,000-$110,000 by the end of May. There is a potential pullback to $105,000-$106,000 before further upside. Bitcoin is up approximately 50% from its lows. XRP is expected to move up to $2.42, the quarterly pivot. Confirmation of continued upside requires XRP to remain above $2.42, with targets of $2.90 and $3.03, the ultimate target for XRP is $4.50. Bitcoin is a key factor to validate XRP trend.
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