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

BTCUSDT
Entry
113,676.0000
2025-08-02
11:22 UTC
Target
150,000.0000
Fail
113,000.0000
In 3 Hours
Risk / Reward
1 : 54
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Final PnL
-0.59%
P/L: —
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Body
The video provides a technical analysis of Bitcoin (BTCUSDT), Ethereum (ETHUSDT) and Dogecoin (DOGEUSDT) and identifies the inverse head and shoulders pattern on the Bitcoin chart. Bitcoin broke down towards the neckline of this inverse head and shoulders pattern. At the point of this analysis Bitcoin is breaking down to 114 and the CME gap was closed at this value. The presenter notes that after a breakout from an inverse head and shoulders, it is common to retest the neckline before heading higher. Ethereum got a decent correction and presenting good support. Dogecoin is also presented as long position with tight stop losses. A target of $150,000 is given for Bitcoin based on this inverse head and shoulders pattern. Open Ethereum position at 3484 and Dogecoin at 0.1963, high risk trades but after reversing everything will be great.