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

BTCUSDT
Entry
119,878.0000
2025-08-12
22:35 UTC
Target
112,000.0000
Fail
120,000.0000
In 25 Minutes
Risk / Reward
1 : 65
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Final PnL
-0.10%
P/L: —
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BTCUSDT
Fail

Body
This technical analysis focuses on BTCUSD, identifying a sell signal based on a shooting star candle and a double top formation on the daily chart, indicating bearish pressure. The analysis points to a 70% chance of a drop, with a potential downside target of $112,000. The analyst mentions the price touching the red resistance line acts as another sell signal. A price exceeding around $120,000 invalidates the analysis. However, the price versus whale money flow indicates that whales are buying back in. The analysis also looks at the weekly timeframe and indicates that the analysts is bearish over the next few months.