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BehDark (VIP)
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BehDark (EN)
After dropping and reaching the entry zone, it pumped over 25%, hitting TP1
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After multiple bullish moves, it seems to be forming a triangle. We expect a drop downward from the red zone.
Be careful with the green zone; it's a strong support level.
A daily candle closing above the invalidation level will invalidate this analysis.
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BehDark (EN)
It has dropped more than 17% after hitting the lower edge of our red circle.
If the price returns to the red zone again, we can enter a sell/short position.
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Based on the triangle that has recently completed and the pattern of previous fluctuations, it can be analyzed and predicted that this meme coin is in a very bearish diametric pattern.
The D wave has just recently finished, and the price could enter the E wave.
This wave is strong and could reduce the price of this meme coin by more than 60%.
A daily candle closing above the invalidation level would invalidate this analysis.
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From the point where we placed a red arrow on the chart, it appears that GMX has entered a bearish diametric pattern.
It now seems that wave F is nearing completion.
The target is marked on the chartβit could be the green target box. If a daily candle closes above the upper red box, this analysis will be invalidated..
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BehDark (EN)
This outlook on PNUT was correct, and TP1 was hit. It has dropped over 17% so far, and we expect it to drop further.
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BehDark (EN)
In the previous analysis, it was mentioned to rely more on the first target, and wave G is suspected to be incomplete in terms of time.
The previous setup is canceled
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Entry range: 0.6640
Targets: 0.6375 _ 0.6016
Stop: 0.6947
Leverage: 2X
Balance: 6% of capital
By #John
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BehDark (VIP)
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Based on the recent pivot formations, momentum, and wave degrees, we are observing signs of a deeper correction on the Ethereum chart, which we find necessary to warn about.
As you know, we follow technical evidence and signals to provide analysis we do not predict the market but rather analyze it step by step.
From the point where we placed the red arrow on the chart, Ethereum's price-time correction has begun.
It appears that an ABC pattern is forming, with wave B now completed or nearing completion after losing the trendline (red dashed line).
Wave C should align with the previous waves in degree and have a longer duration than wave A.
Since wave B retraced close to the top of wave A, wave Cβs price correction may not fall too far below the low of wave A.
We have two possible scenarios: either Demand 1 will be the market bottom, or Demand 2.
A daily candle closing above the invalidation level would invalidate this analysis. Let's see how it plays out.
invalidation level : 2941$
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BehDark (EN)
It was analyzed at $161, and so far, it has lost 30% of its value.
We predict that this bearish wave will eventually end at $34 - $27, but reaching this level will come with significant fluctuations and could take more than a year!
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After the iCH formed on the chart, it seems we are in parts of wave C, which, after absorbing liquidity from lower areas, could push the price upward and complete the bullish segments of wave C.
We are looking for buy/long positions around the green zone; however, reaching this area might take some time, so this asset should be kept on the watchlist.
A daily candle closing below the invalidation level will invalidate this analysis.
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After the iCH formed on the chart, it seems we are in parts of wave C, which, after absorbing liquidity from lower areas, could push the price upward and complete the bullish segments of wave C.
We are looking for buy/long positions around the green zone; however, reaching this area might take some time, so this asset should be kept on the watchlist.
A daily candle closing below the invalidation level will invalidate this analysis.
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From the point where we placed the red arrow on the chart, the RARE correction has begun.
It appears that we have a double correction on the chart, and now the second phase of this correction has started.
After the completion of wave X, a supply zone has formed, which seems to act as the price ceiling for RARE.
As long as the red box holds, we expect a downward correction.
A daily candle closing above the invalidation level will invalidate this analysis.
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SUN is one of the cryptocurrencies owned by Justin Sun, known for its strong price fluctuations.
It appears to be forming a large diametric pattern, and after creating misleading movements, it is likely to enter wave D, which is a bullish wave.
We are looking for buy/long positions around the green zone.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
Still Valid
In all the Ethereum analyses we published over the past days and weeks, we identified the $1,993 to $1,863 range as Ethereumβs support and stated that a rebound to the upside was expected from this zone.
However, in higher time frames, the structure remains bearish.
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It is one of the shitcoins that CZ has highlighted.
It seems to have completed a triangle that lasted for 122 thirty-minute candles. A wave B of the same degree as this wave is expected to emerge towards the green zone.
The closure of a 4-hour candle above the invalidation level will invalidate this analysis.
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