After forming a 3D bottom, the price moved upward with a strong and rapid bullish wave that was stronger than the previous bullish waves within the bearish move, reclaiming a key zone. Additionally, an important trigger line has been broken, which strengthens the bullish outlook on ZK.
We are looking for buy/long positions within the green zone 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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Look at the red, white, yellow, and green boxes in order, and then pay attention to the white trigger lines. Youβll notice that the previous phases | the end of the bearish trend (red box), followed by a bullish move for breakout (white box), then a pullback (yellow box), and finally the main bullish move (green box) | are now repeating.
Also, the price is currently sitting within the trading range marked by the two green lines, which is a key area. After the pullback is completed, a bullish wave is expected to begin, potentially reaching at least around the previous all-time high (ATH).
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BehDark (EN)
It didnβt touch the green zone exactly, and our entry setup area was missed.
In fact, after sweeping the clearly marked liquidity pool on the chart, it moved upward but didnβt precisely hit the designated zone.
Now, two yellow levels have been added to the chart, and maintaining these two zones is essential for SHIB to remain bullish.
To re-enter SHIB, you need to identify a valid order block, then form a logical setup before entering a position.
The overall outlook and wave count for SHIB were correct, and the price moved toward the first target, but it didnβt give us an entry opportunity.
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BehDark (EN)
The arrows you see on the chart have been placed to validate the price channel.
After touching the top of the channel, the trendline has been broken, and it appears to be getting rejected.
The last time the major trendline was broken, we saw a significant trend reversal on the chart. The white lines represent the major trendlines.
If it intends to repeat previous fractals, it should behave similarly. ENA appears to be a symbol that tends to repeat certain fractal patterns.
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Before this correction, we considered Grass to be forming a diametric pattern. However, with the bullish confirmations and the trendline breakout, it now appears that the correction was actually a triangle.
It appears that a triangle has completed and the B-D resistance line has been broken. Buy/long positions can be considered during pullbacks.
We have identified two entry points for potential entries.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
This index has reached the supply zone. Its bullish movement caused a correction in altcoins.
Now, it could get rejected downward from the red zone.
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After the heavy drop in BMT, the price is now approaching demand zones.
If it reaches the green zone, we can consider entering a buy position there.
Risk and capital management should not be forgotten.
Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (EN)
Eventually, this bearish move happened with some noise, and the price dropped without hitting the invalidation level.
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BehDark (EN)
The green zone from the previous analysis has been lost, but it seems that the first analysis (THIS ANALYSIS) scenario is playing out, as a bullish triangle can be identified on the chart.
This meme coin is highly volatile due to its small market cap.
You should only invest an amount in these risky meme coins that, even if lost, won't affect your trading or overall capital.
If a daily candle closes below the invalidation level, this analysis will be invalidated.
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BehDark (EN)
Still Valid
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Forwarded from BehDark (VIP)
BehDark (VIP)
π’ Buy/Long Signal #DOGEUSDT Entry range: 021089 Targets: 0.22986 _ 0.25079 _ 0.26839 Stop: 0.19174 Levrage: 2X Balance: 6% of capital By #Jacob
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Forwarded from BehDark (VIP)
BehDark (VIP)
π’ Buy/Long Signal #DYMUSDT Entry range: 0.3544 _ 0.3398 Targets: 0.3913 _ 0.4314 _ 0.5115 Stop: 0.3158 Levrage: 2X Balance: 6% of capital By #Behdark
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