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Pending
ETHUSDT
Entry 4,531.4200 2025-08-17 13:34 UTC
Target 6,332.3400
Fail 3,548.6500
Risk / Reward 1 : 2
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ETHUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis suggests Bitcoin's history is repeating, indicating a likely bullish trend continuation. Bitcoin is trading above support, potentially retesting it before a significant upward movement. A break below the support at 111207 invalidates the analysis. The predicted target is 138554.78.Ethereum's chart is also analyzed, highlighting a key resistance level. A breakout above 4881.84 could trigger a new upward surge, with Altcoins following suit. A retest of the 4000 level might occur. Large investors are accumulating Ethereum, absorbing retail sell pressure, implying a strong upward trend. Target is 6332.34 and a fail bound set at 3548.65.Altcoin season index is at 55 but gaining strength, bullish signals on the Bitcoin dominance chart.
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