Total Quality
Score
If You Had Traded on This Analysis…
Correct
ETHUSDT
Entry 4,405.1200 2025-08-12 14:34 UTC
Target 4,520.0000 In 5 Hours
Fail 4,088.4400
Risk / Reward 1 : 0
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Final PnL
2.61%
P/L:
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ETHUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis focuses on the Ethereum chart (ETHUSD), highlighting a consolidation phase with volatility. It identifies a developing structure since early August, marking wave 4 at 3330.37 on August 2nd. The analyst suggests a potential five-wave upward movement. The key level is the 4100 mark. After the price broke above it on August 9th, and held it with no attempts to break back below.The analysis suggests that if we hold above the 4100 level it is a good sign for an upside trend continuation. Support is at 4220 and 4276. Microstructure hints at a potential local 1-2 setup, this being the final wave 5 to the upside.
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