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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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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BehDark (VIP)
ENA went to the moon π
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Considering the CH and bullish CHs on the chart, as well as the recent reclaim of key levels, we can maintain a bullish outlook on this coin.
The targets have been marked on the chart.
If a pullback occurs to the green zone, it could present a buy/long opportunity.
A daily candle close below the invalidation level will invalidate this analysis.
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@Behdark_EN
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BehDark (EN)
When it reached the area between the two time lines and touched the green zone, it pumped over 73%.
The specified price and time zones worked perfectly.
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BehDark (EN)
This index reacted to our green demand zone and remains bullish.
It indicates that altcoins can continue to stay bullish for a few more weeks.
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BehDark (EN)
This index is still bearish. It could either drop from here or turn bearish again after a pullback to a higher level.
Letβs wait and see what happens.
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BehDark (EN)
After hitting the green zone, this move is unfolding well on the higher timeframes, and Bitcoinβs bullish momentum was not unexpected.
If Bitcoin consolidates in this area or moves higher, altcoins can turn green and show some interesting upward movements.
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The AI correction has started from the point marked as "start" on the chart.
It seems that wave C has completed, as its time cycle has finished and the price has reclaimed key levels.
As long as the green zone holds, the price can move toward the targets and the red box.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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