Given the bearish CH and the formation of lower highs, BEL is expected to retrace toward lower levels.
If the price drops further, we will look for buy/long positions around the green zone.
A daily candle closing below the invalidation level will invalidate this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
Finally, MKR pumped and reached our target. It pumped 50% from the green zone π₯
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from BehDark (VIP)
BehDark (VIP)
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
As you know, the market is trendless and stuck in dumps and pumps, which has made traders frustrated. At this time, we need to follow the indexes and be a bit patient.
Based on the previous analysis, it seems that Bitcoin dominance is heading downward.
Despite Bitcoinβs weak upward movement, some altcoins may have a good upward move in the coming days.
We hope this move happens and this index drops. Let's see what happens.
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from BehDark (VIP)
BehDark (VIP)
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
After pumping 9% and hitting the red zone, it has now dropped more than 9%! Don't forget to secure profits, as the market is highly volatile these days.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
Bitcoin has reacted to this zone for the second time. It may move downward and reach the green zone.
If Bitcoin dominance also drops, some altcoins might not turn too red!
In this trendless and volatile market, the best approach is risk management and patience
Please open Telegram to view this post
VIEW IN TELEGRAM
Altcoin dominance appears to be creating liquidity. It has not yet reached a key resistance point to accumulate more sell orders and drop further. Additionally, it has hit a very strong support level at the bottom.
For a continued drop, it needs to be fueled by an order block and gather more sell orders. Therefore, we expect it to move toward the upper order block and collect more liquidity from the liquidity pool we have identified.
Let's see what happens!
@Behdark_EN
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from BehDark (VIP)
Entry range: 0.19932
Targets: 0.17556 _ 0.15463 _ 0.13575
Stop: 0.22334
Leverage: 2X
Balance: 5% of capital
By #Behdark
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from BehDark (VIP)
BehDark (VIP)
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
This range is still holding for Tether dominance. We need to be cautious with this level. if it doesn't break downward, the market can remain more bearish.
For altcoin performance, the Bitcoin dominance chart should be monitored.
Letβs see what happens
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
After hitting the red box, it dropped 28%, and after reaching the green zone, it pumped 28%. Don't forget to secure profits.
Please open Telegram to view this post
VIEW IN TELEGRAM
This is the Ethereum CME chart. As you can see, there is a gap around the 3236 level. Given the bearish trend in Bitcoin dominance, there is a possibility that this gap will be filled before a drop. If the gap is filled before the drop, Ethereum could move back toward lower levels.
Let's see what happens.
β οΈ It's the weekend, and volumes are low. The market has been ranging for a while, pumping and dumping without a clear trend. Don't trade without stop-loss and risk management, and avoid emotional trading
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
It hit the green zone; it's still valid
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
Honestly, considering the signs, the upper hand is with the sellers. The recent candles on the USDT dominance chart indicate an intention to move towards higher targets.
You shouldn't look for buy/long positions until this index has made a proper pump.
Many traders are frustrated, but you should know that the crypto market isnβt in a good mood these days. We have to wait for corrections to take place. Also, remember that we canβt control or direct the market we can only analyze it.
Please open Telegram to view this post
VIEW IN TELEGRAM