Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Entry 113,676.0000 2025-08-02 11:22 UTC
Target 150,000.0000
Fail 113,000.0000 In 3 Hours
Risk / Reward 1 : 54
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Final PnL
-0.59%
P/L:
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BTCUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The video provides a technical analysis of Bitcoin (BTCUSDT), Ethereum (ETHUSDT) and Dogecoin (DOGEUSDT) and identifies the inverse head and shoulders pattern on the Bitcoin chart. Bitcoin broke down towards the neckline of this inverse head and shoulders pattern. At the point of this analysis Bitcoin is breaking down to 114 and the CME gap was closed at this value. The presenter notes that after a breakout from an inverse head and shoulders, it is common to retest the neckline before heading higher. Ethereum got a decent correction and presenting good support. Dogecoin is also presented as long position with tight stop losses. A target of $150,000 is given for Bitcoin based on this inverse head and shoulders pattern. Open Ethereum position at 3484 and Dogecoin at 0.1963, high risk trades but after reversing everything will be great.
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