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

ETHUSDT
Entry
4,326.9300
2025-08-18
04:27 UTC
Target
4,900.0000
Fail
4,078.0000
In 20 Hours
Risk / Reward
1 : 2
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Final PnL
-5.75%
P/L: —
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Body
The analysis focuses on the ETHUSD chart, tracking a Wave 4 correction. The analyst believes that the pullback looks corrective, suggesting that one more high is likely in the larger degree third wave. The price is trying to break out of a price channel, retesting the upper boundary. The analysis suggests this is a complex correction and is tracked as a WXY structure with an ABC structure. Next support levels are identified at $4272 and $4123. The analyst keeps an open mind for a possible fifth wave up, and that pullbacks in uptrends can be gifts or opportunities, but are not guaranteed. The preferred outlook remains higher prices, with a potential dip to $4123 area and an expected or very likely last move to the down side, but the $4123 is a crucial support. Ideally, after the next low, the price would turn around and start the fifth wave up, or the market is already in the larger degree fourth wave.