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Given the clearance of the resistance order block, a bullish iCH, the formation of a support zone, and the preservation of the low, we can look for buy/long positions on PNUT with a setup that offers a favorable risk-to-reward ratio.
The green zone marks the entry area for the position, while the targets are indicated on the chart.
If the invalidation level is touched, this setup will be stopped.
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Entry range: 0.0330 _ 0.0315
Targets: 0.0369 _ 0.0417
Stop: 0.0288
Balance: 6% of capital
By #Behdark
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Forwarded from BehDark (VIP)
BehDark (VIP)
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BehDark (EN)
It was analyzed from the price of 0.1647, pumped over 24%, and TP 1 was hit.
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After pumping, changing CH, and clearing a supply zone, the price is now pulling back to lower order blocks.
In the lower zone, there is an overlap between the flip line and the QM level, which appears to be a strong area.
Additionally, the upper order blocks have been consumed, and if the price intends to continue its upward movement, there are no significant sell orders ahead.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
It dropped over 31% after hitting the supply zone
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BehDark (EN)
It dropped over 13% after hitting the supply zone
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After its sudden pump, the price is now correcting. Along its path, there is a confirmed swap zone, which serves as a key area for scalping this coin.
In spot trading, with proper stop-loss placement and volume management, we can place buy orders within the green zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
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BehDark (EN)
We're still within the green zone of the previous analysis, but since the base has broken, it's better to look for buy/long positions within the green zone of this analysis. Break even on the first target.
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Before anything, pay attention to the timeframe it's a 2-day timeframe, so it will take time.
Given that a large-degree bearish triangle has completed, this coin may remain bearish in the mid-term. The red zone is where the next major bearish wave could start.
A daily candle closing above the invalidation level will invalidate this analysis.
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BehDark (EN)
Before anything else, take a look at the previous analysis
We need to keep an eye on this chart. According to the previous analysis, we are bullish on this dominance.
The red zone is where USDT dominance can strongly reject.
There is a possibility of a market crash with this Bitcoin dominance chart.
Letβs see what happens
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By analyzing the TOTAL chart, it can be expected that the crypto market still has room to move downward. Of course, there will be fluctuations along the way, but at least TP 1 is likely to be hit.
For a trend reversal, the lower green zone is a highly significant area.
Letβs see what happens.
A daily candle closing above the invalidation level will invalidate this analysis.
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From the point where we placed the red arrow on the chart, MORPHO appears to be forming a complex corrective pattern similar to a diametric.
Wave E could complete within the red box, leading the price into wave F.
A daily candle closing above the invalidation level will invalidate this outlook.
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ALT appears to be in a large-degree bearish wave C. If it reaches the red zone, we can look for a sell/short position targeting lower levels.
The minimum time required for wave C to complete is marked by the vertical line on the chart. Keep in mind that this is the minimum duration. if the wave extends, it may take longer.
A daily candle closing above the invalidation level will invalidate this analysis.
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BehDark (EN)
After hitting the green zone, TP 1 was reached.
In the previous analysis, it was mentioned to break even once TP 1 is hit.
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