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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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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BehDark (EN)
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)
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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BehDark (VIP)
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After deep drops, the price is moving sideways, which could indicate an accumulation phase. There is a liquidity pool above the chart and a bullish CH (Change of Character) is visible. We can look for buy/long positions around the support zone.
Targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this analysis.
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Forwarded from BehDark (VIP)
Despite all the positive news, it couldnβt maintain its bullish trend, as seasoned whales typically don't enter the market at the end of bullish waves.
The zone weβve highlighted is where we believe whales will enter Cardano. Due to heavy buying pressure, the price could experience a 50% to 80% surge.
From the point marked with the green arrow on the chart, Cardanoβs bullish phase has begun. It appears to be forming an expanding/diagonal/symmetrical triangle.
We are looking for buy/long positions in the green zone, where the hypothetical wave F might come to an end.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate our buy outlook.
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β€1
Pay attention to the timeframe. itβs a large and long-term one.
It appears that a symmetrical pattern is coming to an end, and this token has gone through a decent time and price correction. As long as the green zone holds, it can move toward the targets.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis
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BehDark (EN)
It dropped more than 11% from the red zone and reached the green zone.
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BehDark (EN)
It was analyzed from the price of 0.004364 and pumped over 51%, hitting both RPs, and reached the supply zone. After the touch, it dropped more than 68%.
The zones were accurately identified.
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BehDark (EN)
After touching the red zone, it dropped more than 23%
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