From the point where we placed the red arrow on the chart, it seems that NEIROβs correction has begun.
This correction appears to be a diagonal (diametric) pattern, and we are currently at the end of wave F.
Wave G could complete within the green zone, where we can look for a Rebuy setup.
The targets are marked on the chart.
If a daily candle closes below the invalidation level, this analysis will be invalidated.
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This is one of the coins that has shown significant growth, unlike many other altcoins.
By analyzing the structure, it appears that the bullish phase ended from the point marked with the red arrow on the chart, and the coin has now entered a bearish phase. Currently, we are in the late stages of wave B of this bearish phase.
The targets have been marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
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@Behdark_EN
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BehDark (EN)
Still Valid
The intended drop has occurred.
Only the green zone might be hunted slightly | we've outlined both scenarios.
In this analysis, we also updated and adjusted the invalidation level.
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BehDark (EN)
We had two main scenarios for USDT dominance. It seems the price is aiming to reach the supply zone and then get rejected.
If it reaches the red zone, a downward rejection is likely.
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BehDark (EN)
The previous analysis is still valid | its timeframe is higher, but in this update, we've moved to the lower timeframes.
It seems a valid bottom has been formed on Ethereum, and we may not see a lower low, provided that the price doesn't move higher first but instead drops directly into our support zone. If that happens, the price could potentially move upward from there.
Ethereum seems to be searching for a support zone to reach higher levels. The marked area could potentially launch the price upward.
In this analysis, the support zone, targets, and invalidation level have been updated.
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BehDark (EN)
After hitting the specified support zone, it pumped over 4% and TP1 was hit.
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BehDark (EN)
Eventually, the price hit the identified supply zone and got rejected by more than 5%.
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Forwarded from BehDark (VIP)
Entry range: 0.2473
Targets: 0.2278 _ 0.2076
Stop: 0.2674
Leverage: 2X _ 3X
Balance: 6% of capital
By #Jacob
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Forwarded from BehDark (VIP)
BehDark (VIP)
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BehDark (EN)
If we were to publish an update for Bitcoin, wave D could move toward higher levels.
After hitting the green zone and gaining momentum, it could once again move upward to liquidate short positions.
In this update, we've naturally raised and revised the invalidation level.
The new targets have been marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
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By analyzing the chart, it becomes clear that the USDT dominance structure is bearish.
After the structural shift to a downtrend, with lower highs and lower lows forming, it is expected that the price will drop to the main support zone in order to collect major orders from lower levels.
The price could drop from the current level or from the upper supply zone, which would signal a bullish move in the overall market.
The target is the green box.
A daily candle closing above the supply zone would invalidate this analysis.
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BehDark (EN)
The analysis was made from the price level of 2.558, and it has dropped over 42% since then.
It has now reached a low-risk zone for a potential rebuy.
For entries in this area, look for patterns such as a double bottom, a break of a trigger line, or any clear reversal signals.
A daily candle closing below the invalidation level would invalidate this outlook.
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BehDark (EN)
Finally, the bullish move played out, and even the high was hunted, just as expected in the previous analysis.
Bitcoin Dominance seems to have completed its bullish structure.
An order block is forming and has been broken to the downside, a trigger line has been lost, and wave g has come to an end.
If Tether dominance also declines, altcoins may remain in the green.
The 62 level is the target drop zone for this index.
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BehDark (EN)
The move played out with a reaction to the green box and has pumped over 3% so far. The first target has been hit.
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Forwarded from BehDark (VIP)
BehDark (VIP)
π’ Buy/Long Signal #ENAUSDT Entry range: 0.2591 Targets: 0.2883 _ 0.3204 _ 0.3511 Stop: 0.2291 Levrage: 2X Balance: 6% of capital By #Jacob
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BehDark (EN)
This index has dropped more than 3% so far, according to the previous analysis. The green zone is a strong support area that you should watch closely.
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BehDark (EN)
Ethereum didn't reach our entry zone, but our bullish outlook on it was correct.
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