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Forwarded from BehDark (VIP)
Entry range: 0.2223 - 0.2311
Targets: 0.2045 _ 0.1865
Stop: 0.2407
Leverage: 2X
Balance: 6% of capital
By #Jacob
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BehDark (EN)
After the pump and hitting the red zone, it got rejected.
It's better not to open a short position on Ethereum, as its dominance appears bullish | which means it might be resilient against a potential drop.
The closing of a daily candle above the invalidation level will invalidate this analysis.
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BehDark (EN)
I correctly identified the upward movement in Tether Dominance in the previous analysis, but with the news of war in the Middle East, there are now bullish triggers for this index.
It is expected that the price will at least surge upward toward TP1.
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BehDark (EN)
This move has been almost completed. Due to the news of the Iran-Israel conflict and the potential escalation into a larger war in the Middle East, the market has experienced high volatility, which may continue.
We will update the Bitcoin analysis soon.
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BehDark (EN)
The price reached the two red lines from the previous analysis and reacted accordingly. A gradual price and time correction is expected.
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BehDark (VIP)
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BehDark (EN)
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Based on the current available data, it appears that Dogecoin has entered a bullish phase after completing the diametric pattern marked on the chart. We are currently in wave B of this bullish phase.
Wave B may complete within the green zone, which is a key support area.
The targets for wave C have been marked on the chart.
A daily candle closing below the invalidation level would negate this outlook.
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BehDark (EN)
The red zone seems to have had enough orders to reject the price downward. It is expected that the price will drop at least to the green zone below.
There will be some fluctuations along the way.
A daily candle closing above the invalidation level would invalidate this analysis.
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Forwarded from BehDark (VIP)
BehDark (VIP)
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A major structure in FHE has turned bearish, and the price is currently pulling back to a fresh and untouched order block. Additionally, the price is trading below supply zones on higher timeframes.
A drop toward the specified targets and the green zone is expected, as long as the red box is maintained.
A daily candle closing above the invalidation level will invalidate this analysis.
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BehDark (VIP)
In the end, this move was executed well and demonstrated how strong the green support zone marked on the chart actually was.
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BehDark (EN)
Upon touching the green box, the price was supported. We believe it can move to at least TP1 soon
The previous analyses of Bitcoin and Ethereum are still valid.
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It appears that the bullish X wave has ended at the point where we placed the red arrow on the chart, and the price has now entered a corrective phase once again. This correction seems to be forming a diagonal pattern, and we are currently in wave F of this structure.
If the price reaches the green zone, we can look for potential buy/long positions.
Targets are marked on the chart, with the main target being the flip zone.
A daily candle closing below the invalidation level would invalidate this view.
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