Total Quality
Score
If You Had Traded on This Analysis…
Fail
BTCUSDT
Entry 118,900.0000 2025-08-15 03:23 UTC
Target 124,000.0000
Fail 114,000.0000 In 4 Days
Risk / Reward 1 : 1
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Final PnL
-4.12%
P/L:
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BTCUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis identifies structural support and resistance levels for Bitcoin (BTCUSDT), Ethereum (ETHUSDT), and the S&P 500. For Bitcoin, the key structural support is identified at 117800, with a test resistance around 124000, should 118356 fails, downside pressure would go down to 114000. Ethereum has shown significant strength after building up shorts, it is currently is at 4531, with the expectation to touch 5400, failure to reach this target put downside pressure towards 3600. The S&P 500 maintains an uptrend since August 2024, with structural support at 6430 and resistance is at 6490. It is observed that Green fire patterns have a tendency to become Red fire, which results in a possible further market drop. Overall, while some indicators suggest continued upside, caution is advised due to negative correlations and potential downside risks based on structure.
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