@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.21
Analysis
1956
Correct
630
Fail
1288
Pending
38
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Long Entry
3,111.0100
2026-01-11
20:50 UTC
Target
3,492.4700
Fail
2,975.9100
In 1 Weeks
Risk/Reward
1 : 3
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Final PnL
-4.34%
P/L: —
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The analyst is observing Ethereum on the 1-hour chart, noting its movement within a consolidation triangle. While the overall trend remains bearish, the price has been consolidating, creating a triangle pattern. The analysis suggests that if Ethereum breaks above resistance around $3,393, it could move towards $3,492. Conversely, if it fails to break resistance and the current trendline support at $2,975 holds, it's expected to move lower. The analyst emphasizes that the current three-wave structure suggests a potential for a continuation of the downtrend, with key support levels at $2,975, $2,258, and $1,820.