BehDark (EN)
It has reached TP 1.
Our view on Bitcoin dominance was correct. The bullish Bitcoin dominance clearly indicated that Bitcoin was not suitable for sell/short positions.
We have added another TP on the chart, so now we have a total of 3 TPs.
There is a possibility of a rejection from TP 2, so we need to pay attention to these TP levels.
Letβs see what happens.
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From the point where we placed the green arrow on the chart, an expanding triangle began, and the pattern completed at the point where we placed the red arrow.
Now, the price seems to be in a correction, which appears to be either a Diametric or Symmetric pattern. Currently, it looks like we are in wave D of this structure.
We expect a drop from the red box. Demand 1 is a temporary rebuy zone, while Demand 2 is a suitable area for a set-and-forget approach with good gains.
Let's see what happens!
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BehDark (EN)
The bulls failed to break the zone, and the price was rejected below our supply. We are now below the previous green zone.
The hourly supply box was engulfed. If the price does not reclaim the lower red box, it will be rejected towards lower levels.
There is a slight possibility that this zone could be reclaimed, but for now, the sellers have the upper hand.
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The NIL correction started from the point we marked as Start on the chart.
This correction appears to be a Diametric, and it seems we are currently in wave E of this pattern. The price is expected to follow the path indicated by the arrow.
A daily candle close above the invalidation level will invalidate this analysis.
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The correction for this coin started from the point where we placed the red arrow on the chart.
The price appears to be inside a Triangle or Diametric, nearing the end of wave D.
The green zone is a low-risk rebuy area.
There is a liquidity pool on the chart, which we expect to be swept soon.
Targets are marked on the chart.
A weekly candle close below the invalidation level will invalidate this analysis
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BehDark (EN)
You can see the reaction to the green zone after hitting the marked support area, it has pumped over 25% so far
By clicking on the previous analyses, you can view our serial analyses of USUAL.
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It is one of the coins that hasn't had a price correction and is now approaching a supply zone.
Given the retracement lag compared to the drop lag, we expect a rejection to the downside from the red zone.
Considering the bullish momentum, wait for confirmation before entering a position.
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, it appears that the bullish MORPHO wave has ended, and the price has entered a corrective phase. This phase could be a diametric or symmetrical pattern.
Wave G is expected to complete within the green zone.
We anticipate a return of 30% to 50% from the green zone.
A daily candle closing below the invalidation level will invalidate this analysis.
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2
Forwarded from BehDark (VIP)
Entry range: 0.02651
Targets: 0.02519 _ 0.02371
Stop: 0.02805
Leverage: 2X
Balance: 6% of capital
By #Behdark
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Forwarded from BehDark (VIP)
BehDark (VIP)
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BehDark (EN)
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After hitting the red zone, it was rejected by over 3%. This analysis will be updated soon.
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Forwarded from BehDark (VIP)
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BehDark (EN)
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BehDark (EN)
After hitting the specified supply range, it dropped more than 29%
You can see the power of the Behdark team's setups stay one step ahead of the market with us.
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