Total Quality
Score
If You Had Traded on This Analysis…
Correct
BTCUSDT
Entry 113,160.0000 2025-08-05 14:40 UTC
Target 116,800.0000 In 1 Days
Fail 111,000.0000
Risk / Reward 1 : 2
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Final PnL
3.22%
P/L:
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BTCUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Range Market
Body
The analysis reviews Bitcoin and Ethereum. For Bitcoin, the analyst expected a drop to $113,300, which was breached before bouncing up. Resistance is noted around $115,300, with a rejection observed. The analysis explores two scenarios based on the Sunday live stream plan: a bounce into resistance followed by a reversal to take out recent lows, or a move to higher prices. Inside the range, only one support level has been hit which is the value area low. For a long position, a stop loss should be around the lows, targetting higher prices. The alternative strategy involves waiting for a retracement before targeting higher prices. If $111000 is lost then its a very bearish sign and expect a much bigger drop to the downside. Ethereum played out by bouncing to support, after which the price went up by 10%.
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