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

ETHUSDT
Entry
4,434.5400
2025-08-16
20:39 UTC
Target
4,485.0000
In 7 Hours
Fail
4,333.0000
Risk / Reward
1 : 0
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Final PnL
1.14%
P/L: —
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Body
The analysis focuses on Bitcoin and Ethereum's price action using a 4-hour timeframe. For Bitcoin, the current price is approximately 117700. Key support levels were broken at 120000 and 119000. The price tested 116800. The current trading zone is 117000 to 118000. If Bitcoin breaks the resistance at 118300, it could move higher, with next resistance being 119000. A bearish divergence is present on the weekly chart, indicating potential downside risk, and a bearish MACD crossover is forming on the daily timeframe. Ethereum's current price is around 4409. There's a resistance at 4485, which needs to be broken. Bitcoin needs to hold 117000 and break 118000 for the price to go to 119000.