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BehDark (VIP)
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BehDark (EN)
The large bullish pattern appears to be a symmetrical one, and we are currently in wave I of this structure.
Wave I seems to need a bit more time to complete. The candles are expected to reject from the red zone down to the SS (Static Support) line.
If the candles attack the red zone once again, it could be a good opportunity to buy Bitcoin and altcoins.
Letβs follow the market step by step instead of making predictions. Letβs see what happens
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BehDark (EN)
We have pointed out several times to the red zone, which is a supply zone.
With the pullback to this area, the price was rejected by more than 15%, and we still expect it to oscillate toward support over the coming weeks
Letβs see what happens.
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The price appears to have completed an ABC pattern and is now in wave D or X. The red zone is where sell/short positions can be considered.
Targets are marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
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First and foremost, keep in mind that this is a weekly analysis, and along the way, Bitcoin may experience upward bounces from daily or hourly support levels.
From the point where we placed the green arrow on the chart, Bitcoin started forming a diametric pattern, and with the recent drop, the bullish scenario has strengthened, canceling Bitcoinβs previous triangle formation.
The price has now entered wave F. The green zone is where wave F could potentially complete.
June is the month when this corrective wave (wave F) is expected to end.
Wave G is a bullish wave, and its target could be the red zone.
A weekly candle close below the invalidation level will invalidate this outlook and analysis
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BehDark (EN)
Ultimately, it dumped further, reached the green zone marked in the previous analysis, and reacted.
Since the last analysis, it has dropped another 7%
The green zone is expected to prevent further drops for a while and push the price toward higher levels.
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BehDark (EN)
After dropping 19% from the red zone and reaching the green zone, it has pumped over 17%.
You can see our accurate bounce-back perspective on Litecoin. trade with us confidently!
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BehDark (EN)
It pumped over 7% further from the green box. This perspective on Tether Dominance was accurate.
We expect a price rejection from the red box
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It is one of the altcoins that does not have a clean chart but has a defined range for Sell and Buy.
The larger pattern on the chart appears to be a Diametric, and the price now seems to have entered wave F of this pattern.
In the red-circled area, we are looking for sell/short setups, while in the green zone, we are looking for buy/long positions.
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BehDark (VIP)
#DOGEUSDT analysis (3D) From the point where we placed the red arrow on the chart, it seems that Dogecoin's major correction had begun, and at the point where we placed the green arrow, Dogecoin's bullish phase startedβa large, multi-year phase. This bullishβ¦
After hitting the red zone, it dropped by more than 47%.
In this analysis, the Demand zone has been updated.
We expect the price to bounce upward from the Demand zone.
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HMSTR appears to be forming a diametric pattern, with wave F potentially completing in the red zone.
Wave F is a bullish wave, and the next wave, wave G, is a bearish wave.
To enter a position, create your own trading setup, meaning your entry and stop levels should be clearly defined.
A daily candle closing above the invalidation level will invalidate this analysis.
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The RUNE token, after experiencing heavy drops due to negative news, is now trading within a range.
A price top has been fake out, leading to a drop. On a retracement to higher levels, we can look for a sell/short setup.
We have identified two entry points for a short position.
Targets are marked on the chart.
A daily candle closing above the invalidation level will invalidate this view.
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BehDark (EN)
As you can see in this analysis, the demand zone from the previous analysis was slightly hunted, but it is still valid and considered a demand zone.
We have reduced the timeframe slightly (4-hour).
Our expectation for price action is to see a slight bounce upward in this zone with some time consolidation.
After consuming the buy orders in this area and spending some time, Bitcoin may even move toward lower zones.
Letβs see what happens.
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Ethereum is approaching a support level.
The risk-to-reward ratio is not very attractive since we are in a bearish trend, but we expect a reaction to the green zone.
There are two targets ahead of the price, which we have marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis
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BehDark (EN)
A more comprehensive analysis for Ethereum is as follows:
It seems that wave E of our Diametric is nearing completion. For wave F, Ethereum should experience upward retracements and spend some time consolidating.
The best zone for the completion of wave E is marked on the chart as the upper green box.
The optimal rejection area for price to move downward and complete wave F is marked by the red circle. Now, we wait to see whether the price reaches this zone for wave F or not.
Wave G may have two potential targets: either the upper or lower green box at the bottom of the chart.
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BehDark (EN)
β
#BNBUSDT analysis (1W) Update The green range is suitable for buying and holding until the targets of 4K and 9K The time frame is weekly. After buying, some time will be needed to reach the targets. A weekly candle closing below the invalidation levelβ¦
If you have been following our BNB analyses, you would know that we previously identified its pattern as a triangle.
The price reacted to the green zones from our previous analysis, but based on the weekly candles, it seems that wave E will be deeper.
We are looking for buy opportunities within the green zone, with a minimum target of $800.
This is our current outlook on BNB.
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BehDark (VIP)
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The red box was slightly hunted, but the expected rejection happened.
Honestly, hunts have increased in the crypto market over the past few weeks. These hunts usually occur before major moves.
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