After a bullish move and the formation of a strong change of character (CH), followed by a FOMO-driven ENJ rally, the price is now approaching support zones. In areas where strong buyers were previously active, we can look for a buy/long position.
The origin of this move is expected to hold, and price is likely to move toward higher zones.
We are looking for a buy/long position around the demand zone.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
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BehDark (EN)
This view on Grass was accurate, as it got rejected from the lower supply zone despite the bullish market.
It has dropped more than 18% so far
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Forwarded from BehDark (VIP)
Entry range: 3.0412
Targets: 2.9482 _ 2.8365 _ 2.6993
Stop: 3.1509
Leverage: 2X - 4X
Balance: 6% of capital
By #Jacob
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Forwarded from BehDark (VIP)
BehDark (VIP)
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BehDark (VIP)
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Forwarded from BehDark (VIP)
Entry range: 3.0445
Targets: 2.7978 _ 2.5744 _ 2.3103
Stop: 3.3084
Leverage: 2X- 3X
Balance: 6% of capital
By #Jacob
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Forwarded from BehDark (VIP)
BehDark (VIP)
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BehDark (VIP)
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BehDark (EN)
It was analyzed from the price of 0.005471 and has dropped more than 17% so far.
Take a small risk on the green zone.
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BehDark (EN)
Eventually, it hit the red zone and is currently being rejected.
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Given the broken 3D pattern at the bottom and the trendline break, our demand zone is considered highly valuable. Therefore, we will look to enter a buy position within the green zone, which has been the origin of a strong move.
The price is currently in a support zone, but we will only enter a position if it reaches the green zone marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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It appears to be in a bullish diametric pattern, and we are likely approaching the end of wave F.
If the price returns to the green zone, we will be looking for buy/long positions there.
Weโve marked two main targets on the chart, which represent the potential objectives for wave G.
A weekly candle closing below the invalidation level will invalidate this view.
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The significant correction appears to be diametric. Given the breakout from the channeling of wave C and the pullback to the channel, as long as the green zone holds, the price can move toward the targets.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
The price is still within the green zone from the previous analysis.
However, given the engulfing of the swap level, the orders in this demand zone have been cleared, and we should now look for buy positions at the origin.
Entry zones, targets, and the invalidation level have been updated in this analysis.
Enter using a DCA (Dollar-Cost Averaging) strategy.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
After hitting the supply zone, the price has corrected by more than 20% so far.
We are not allowed to enter a position unless the price reaches the green zone.
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BehDark (EN)
The wave structure has been reanalyzed. It appears that GMT is in a large corrective pattern, likely a diametric, and wave F has completed. Wave F was a symmetrical structure that has now ended.
As long as the POI zone holds, the price can move toward the targets. The targets are marked on the chart. This movement is considered wave G of a higher degree.
A daily candle closing below the invalidation level will invalidate this view.
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BehDark (EN)
Bitcoin has not yet reached our zone, but it has formed a correction of the same degree as the previous ones and has also created a support area. The diametric pattern could potentially shift into a symmetrical one, and Bitcoin may even reach the 100Kโ105K zone.
We should keep a close eye on the 100K level for now, as it also serves as a psychological resistance.
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BehDark (EN)
The Bitcoin dominance vs. SAGA dominance chart has hit the top of the channel and lost a key trendline. It also appears to have completed a pullback to that trendline.
In the previous instance, a similar moveโhitting the top of the channel and losing the trendline | led to a drop all the way to the bottom of the channel, which weโve highlighted with yellow circles.
Based on this chart, the probability of SAGA turning bullish has increased.
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BehDark (EN)
Ethereum has finally reached the flip zone.
Pay close attention: Ethereum dominance is sitting on monthly support, which is a level with strong bounce potential.
We have two possible scenarios for Ethereum | either it breaks through the flip zone, or it makes a correction and turns bullish again from around the bottom.
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