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

ETHUSDT
Entry
4,199.3400
2025-08-09
13:04 UTC
Target
4,400.0000
In 3 Days
Fail
3,776.0900
Risk / Reward
1 : 0
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Final PnL
4.78%
P/L: —
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ETHUSDT
Correct

Body
The analysis focuses on ETHUSD, noting the break above previous highs, invalidating a bearish blue alternative. The preferred white count remains, targeting 4400, potentially reaching 4600. The analysis identifies a strong resistance around 4100-4400 suggesting a 4-5 pattern. A higher low may occur before the final climb. The trend from the April low is characterized by internal impulses forming an ABC structure, anticipating that a pullback will create a better reward to risk ratio. Micro support at 3776.09 needs to hold for the bullish trend to continue. An update on ETHUSD was posted yesterday on X, with additional insight regarding the 4400 level being within striking distance. The reward to risk ratio is considered miserable, there is micro support defined and if that continues to hold direct momentum is up.