@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
Short Entry
2,829.0100
2025-12-17
20:47 UTC
Target
2,700.0000
Fail
3,038.0000
In 4 Days
Risk/Reward
1 : 1
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Final PnL
-7.39%
P/L: —
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The ETHUSD chart is currently in a sideways consolidation. The analysis suggests that the previous three-wave move to the upside might be complete. The market has reached the upper boundary of the trend channel and is facing resistance. The price is expected to move lower, potentially completing a third wave down to a target of 2605.87. A break above 3039.70 would be needed to invalidate this bearish outlook. The current structure suggests a potential for continued downward movement, with a target in the 2600s.
