BehDark (EN)
Upon hitting the red zone, it has dropped by more than 17% so far
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BehDark (EN)
The BTC has hit our supply zone, and we are witnessing a halt in Bitcoin's bullish momentum.
How much Bitcoin gets rejected downward depends on the formation of reversal pivots or liquidation, which requires some time.
If you entered a short position, you should have done so in the red zone and set a logical stop-loss relative to your position size and leverage.
Considering that Ethereum is in a key support zone relative to Bitcoin and some altcoins are showing bullish signs, market trades will now be accompanied by pumps and dumps, so risk management is essential.
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BehDark (EN)
The TON symbol dropped slightly before hitting the red zone, but since it hadn’t collected the main orders, it is now moving toward the red zone to gather Sell orders.
In this analysis, we have updated the Supply zone from the previous analysis.
We are looking for sell/short positions in the red zone.
@Behdark_EN
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On the chart, we have consecutive trigger lines that have been broken, and after the SW L, we see a bullish iCH and higher Ls, which are bullish signals.
However, considering the Bitcoin dominance chart, buying altcoins or taking long positions on altcoins is risky. It is better to look for short setups on altcoins instead.
Targets are marked on the chart.
The closure of a 1-day candle below the invalidation level will invalidate this analysis.
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BehDark (EN)
It's still valid
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BehDark (EN)
Considering the Bitcoin dominance chart and this strong bearish momentum, it is unlikely that strong buyers will enter IMX.
A confirmation and trigger are needed for a new buy entry.
The lower green zone on the chart is expected to be tested again.
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BehDark (EN)
It moved toward the TP without touching the entry zone.
The Supply zone worked well.
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The correction of NEIROETH started from the point where we placed the red arrow on the chart.
This correction appears to be a diametric pattern, and we are currently in wave f.
Wave g could complete in the green zone, leading to the start of a bullish wave.
The closure of a daily candle below the invalidation level will invalidate this analysis.
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The correction of MKR seems to have started from the point marked START on the chart.
This correction appears to be a diametric pattern, and we are now in the late stages of wave F, which has been a bullish wave.
It is expected that from the red zone, wave G a bearish wave will begin.
The closure of a daily candle above the invalidation level will invalidate this analysis.
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From the point where we placed the red arrow on the chart, the RED correction has begun.
It seems to be inside an ABC structure, and we are currently in wave C, which is bearish.
A demand zone is visible on the chart, which could temporarily reject the price upward.
Since wave B did not retrace more than 0.618 of wave A, it is expected that the low of wave A will be taken out.
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It appears that a Wave A lasting 502 days has completed, and a wave of the same degree 502 days (or even larger) is expected to form on the chart, indicating that WLD is bearish in the mid-term.
Over the next 502 days, any pump is expected to be a selling opportunity. To enter a position, a proper trading setup is required.
A daily candle closing above the invalidation level will invalidate this analysis
@Behdark_EN
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From the point where we placed the red arrow on the chart, the CKB correction has begun.
It seems that CKB is in a bearish wave C.
We have identified two entry points for rebuy, where a position can be taken in the spot market.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
We are still waiting for this zone. The timeframe is large, and these movements take some time
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BehDark (EN)
Since the analysis, it dropped 22%
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BehDark (EN)
Given the time correction of recent waves and the absence of sharp drops, this scenario for RED is valid, and buyers' footprints can be seen on the chart.
We expect a strong rejection to the upside from the green zone.
The closure of a daily candle below the invalidation level will invalidate this analysis.
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BehDark (EN)
Ultimately, it dropped more than 22%
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BehDark (EN)
It has dropped more than 17% from the marked supply zone. Protect your profits.
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ONDO appears to be in wave D of a larger pattern (possibly a triangle).
Wave D seems to be a diametric or symmetrical structure. This diametric may complete in the green zone, leading to an upward reversal.
We are looking for buy/long positions in 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)
Considering the strength of the wave and the status of Bitcoin and other key indices, we have slightly lowered the support zone, as this coin may form a deeper correction for wave C.
We have also updated the targets.
Let’s see what happens.
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Forwarded from BehDark (VIP)
BehDark (VIP)
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