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

ETHUSDT
Entry
4,232.0000
2025-08-21
20:14 UTC
Target
4,700.0000
In 20 Hours
Fail
4,000.0000
Risk / Reward
1 : 2
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Final PnL
11.06%
P/L: —
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ETHUSDT
Correct

Body
The analysis identifies a rising wedge pattern on the daily timeframe for Bitcoin, a bearish indicator. Bitcoin is currently trading around 113800. The analyst notes the market's repeated attempts to break through the resistance line of this pattern, with rejections leading to price declines. He infers a potential target for Bitcoin around 74000-75000 based on the rising wedge pattern and its potential bearish breakout. The analysis suggests Bitcoin may attempt to retest the resistance before falling to the target. For Etherium a bullish pattern can be appreciated in the 4H chart.