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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BehDark (EN)
Our bearish outlook on Bitcoin was accurate | the price reached our demand zone and even dropped lower, with a total decline of 6% so far.
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BehDark (EN)
This move played out well | Ethereum dropped over 16% after hitting the supply zone and has reached the highlighted green area.
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After hitting the green box, this index has pumped over 8%, and the move played out well.
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The flip zone has been reclaimed, but no proper pullback had occurred. The recent pullback came with a sweep of the all-time high (ATH), which has caused confusion and uncertainty among market participants.
In fact, this drop can be interpreted as a pullback to the flip zone, accompanied by an ATH hunt.
We expect the price, after touching the green zone and forming a base around this level, to move toward the targets of 120K and 140K | which we currently consider as Bitcoinβs final targets for this cycle.
A weekly candle close below the invalidation level would invalidate this analysis.
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First of all, pay close attention to the timeframe | it's a higher timeframe.
From the point where we placed the green arrow on the chart, Ethereum appears to have entered a bullish phase | specifically, a symmetrical pattern.
It currently seems to be in wave I of this symmetrical structure, which is the final wave. Wave I itself appears to be composed of three parts (ABC). At the moment, Ethereum seems to be in wave b of wave I.
We expect wave b of I to complete within the green zone, after which the price would move into wave c of I.
The price seems inclined to complete wave b of I near the bottom of the green zone.
Targets are marked on the chart.
In the green zone, itβs no longer reasonable to look for Sell/Short positions, especially when the price is approaching the bottom of the green area.
A weekly candle close below the green zone would invalidate this analysis.
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The OP token has entered a bearish phase after completing a triangle pattern. We are currently in this bearish phase.
Such large bearish phases typically require a sweep of liquidity from key levels before ending. It appears that OP, after sweeping the liquidity below support levels, may reverse and enter a bullish phase.
The targets have been marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
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BehDark (EN)
Still Valid
It has reached the entry zone and reacted; any pullback toward the green zone is a buy opportunity.
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In this analysis, we want to examine this index on lower timeframes. It has reached a support zone and a trendline.
Ideally, we should see a pullback from the green box toward the red box.
There is a high chance of price rejection from the red box to the downside, which could lead to a bullish move in the market.
Letβs see how the price reacts to the red box.
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BehDark (EN)
After hitting the green zone, which was our entry area, the price pumped over 36%, and both TP1 and TP2 were reached
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Before anything else, you should know that the time frame is 3-day, and the realization of this analysis will take time.
From the point marked as "Start" on the chart, it seems that AVAX has entered a correction phase. This correction appears to be a diametric, and currently, wave E seems to be completing.
The best zone for the end of the bearish wave E and the beginning of the bullish wave F is the green area.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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Since the analysis was published, it has dropped by more than 60%.
It has reached the upper edge of our entry zone. Within the green area, we will add this coin to our spot portfolio.
This analysis is still valid
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From the point where we placed the red arrow on the chart, it appears that LA has entered a correction phase.
There isnβt much data available for this coin, but the correction seems to be forming a diametric pattern.
Weβve highlighted the most optimal zone for the completion of the final wave of this diametric (wave G) with a green area on the chart.
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 green box from the previous analysis was engulfed, and a new demand zone has been added to the chart.
Before the main drop, we still expect a pullback from this index.
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BehDark (EN)
We had identified two support zones for Bitcoin, and it retraced upward from the smaller green box | especially after the ceasefire was announced in the conflict between Iran and Israel.
Weβve marked a small red box from which we expect downward rejections on the lower timeframes.
We will soon update the Bitcoin analysis in a multi-timeframe view.
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The AR symbol appears to be completing a double corrective pattern | the first part being a plapyonic diametric and the second part a flat. The green zone represents a demand area that could potentially push the price upward. Note that this type of setup is generally safer for spot trading, while futures trading would require more precise entry levels.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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Polkadot appears to have reached a fresh and significant support zone, which is potentially where the corrective wave C may come to an end.
If wave C completes here, the price could begin a strong recovery. However, itβs important to note that this is a higher time frame setup, so reaching the targets may take some time.
As long as the green support zone holds, the price can move toward the mentioned 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)
Still Valid
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