Total Quality
Score
If You Had Traded on This Analysis…
Correct
ETHUSDT
Entry 4,723.3800 2025-08-14 00:50 UTC
Target 4,609.0000 In 11 Hours
Fail 4,901.0000
Risk / Reward 1 : 1
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Final PnL
2.42%
P/L:
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ETHUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Body
The analysis focuses on Bitcoin (BTCUSD) using Elliott Wave theory, anticipating a continued upward movement to around 129913, contingent on the price remaining below 130000. A failure price of 118101 is set, below which the bullish outlook would be invalidated. The analysis also examines Bitcoin dominance (BTCDOMINANCE), predicting a decrease to 58.59, driven by weak wave formations, with a failure price of 60.78 above this level the analysis is invalidated. Finally, it analyzes the relation to other Altcoins as Ethereum (ETHUSD) forecasting some pullbacks to 4609 while the market is bullish and sets a fail target of 4901.
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