@JacobCryptoBury
YouTube
Avg. Quality
60
Success Rate
25.55
Analysis
137
Correct
35
Fail
76
Pending
24
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
BTCUSDT
Short Entry
92,482.0000
2025-11-19
03:00 UTC
Target
60,000.0000
Fail
102,000.0000
Risk/Reward
1 : 3
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The analysis begins with an examination of Internet Computer (ICPUSDT) price action, noting its current value at $5.14 following a correction from a recent peak near $9.00. Market sentiment is characterized by an 'Extreme Fear' reading of 11 on the Fear & Greed Index. For ICPUSDT, a falling wedge pattern is identified on the 30-minute chart, suggesting a potential bullish reversal. Technical targets for a breakout are set at $5.36 (a 4% increase) and $5.44 (a 6% increase), with a support area identified at $4.60. A longer-term accumulation range for ICP is proposed between $2.70 and $4.00, contingent on further downward price movement.
The discussion then shifts to Bitcoin (BTCUSD) on a weekly timeframe, with a current price of $93,439.77. A significant bearish indicator is highlighted by Bitcoin's breach of the 50-week moving average. Drawing parallels to previous market cycles, the analysis suggests a potential decline towards $75,000, with a more profound target for accumulation around $60,000. Reclaiming the $102,000 price level is presented as a critical resistance point that, if broken, would invalidate the current bearish outlook for Bitcoin's sustained decline.