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

BTCUSDT
Short Entry
110,280.0000
2025-09-04
20:42 UTC
Target
100,000.0000
Fail
116,000.0000
Risk/Reward
1 : 2
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The analysis focuses on Bitcoin, identifying a falling wedge formation. The analyst notes a rejection from a line of resistance, indicating a bearish sentiment until Bitcoin breaks above 112200. He points out a double top formation on the 4-hourly and daily charts, setting a target of 100000 if the pattern confirms with two daily candle closes. Failure to hold the previous resistance as support at 109500, would lead to further correction. A micro-time frame trend reversal requires going above 113400, targeting a CME gap closure at 116800. A break below 107200, invalidates the analysis.