Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Entry 4,549.9200 2025-08-17 14:56 UTC
Target 4,907.3200
Fail 4,123.6900 In 1 Days
Risk / Reward 1 : 1
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Final PnL
-9.37%
P/L:
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ETHUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The market is trying to break above the upper boundary line of the trend channel. It is a three-wave bounce, and this does not rule out a test of support. The wave count shows a pathway into the support zone. The low marks the completion of the correction. With a three-wave bounce, this is not full-scale confirmation that the fifth wave has started. One more high is expected, the market should avoid a break below 4123.69, then a fifth wave could start to the upside. Micro resistance is expected around the 4670 and 4760 area. It's important to hold support around 4123 to see higher prices. As long as it holds, the fifth wave should happen.
Principled
Comprehensible
Accurate
Fast Result