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

ETHUSDT
Entry
4,357.9900
2025-08-18
20:20 UTC
Target
4,794.0000
Fail
4,224.0000
In 7 Hours
Risk / Reward
1 : 3
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Final PnL
-3.07%
P/L: —
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ETHUSDT
Fail

Body
The analysis discusses the Bitcoin price chart using a 4-hour timeframe, noting support and resistance levels. Bitcoin has broken its all-time high but subsequently declined. A support level is identified at 114200. Resistance is noted at 115700, further resistance lies at 116800. According to the analyst, the all time high failed so Bitcoin can get a correction until 74400 in a longer perspective. The analyst uses elliot waves and states that the market did a complete elliot wave with 5 moves, and a correction move A, B, and C. The Ethereum analysis indicates a current price of $4310 trading with support at 4224 and the analyst believes the price may reach 4794.