Verified by TP AI

This analysis has a 56.1% probability of being Success

Estimated by Tahlil Plus AI using 1,842,000 records across the last 90 days.

Total Quality
Score
If You Had Traded on This Analysis…
Correct
ETHUSDT
Short Entry 4,478.3900 2025-08-17 21:49 UTC
Target 4,150.0000 In 1 Days Fail 4,887.0000
Risk/Reward 1 : 1
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Final PnL
7.33%
P/L:
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ETHUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis focuses on ETHUSD. As of August 17th, the asset is priced at approximately $4532. It has broken out of a resistance level dating back to March 2024, and it has been closing above the 4096 resistance for two consecutive weeks with increasing volume. The presenter anticipates a potential consolidation and pullback to $4100 - $4200 to backtest the resistance level. Also a consolidation expected to the end of the month. It also provides a look into the 1H timeframe with a potential up to the 4560, however a bearish sentiment is expected after a tap on that trend line. Going into 4H timeframe, there's a rejection area expected, the analyst expects the price to close red, this making the 4100-4200 price range the expected price action.
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