BehDark (EN)
According to the previous analysis, the price has reached the targeted supply. From here, candles will either drop, or after hunting the supply, the market seems likely to have another bullish wave since Tether dominance is showing another drop.
Letโs wait and see what happens.
Please open Telegram to view this post
VIEW IN TELEGRAM
From the point where we placed the red arrow on the chart, it seems that the correction of the PUMP has begun.
It looks like we are inside a larger-degree ABC, where wave B was a symmetrical correction that has just completed, and we are now in wave C.
In the red-marked zone, we are looking for sell/short positions.
Targets are indicated on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
It seems that the strength of the range was not sufficient, and the price is expected to move downward once again.
We have updated the support zone. Upon reaching the specified area, we expect a short-term trend reversal.
Letโs wait and see what happens.
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from BehDark (VIP)
BehDark (VIP)
๐ข Buy/Long Signal #SKLUSDT Entry range: 0.02988 Targets: 0.03409 _ 0.03782 _ 0.04081 Stop: 0.02716 Levrage: 2X Balance: 6% of capital By #Behdark
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
As we mentioned in the previous analysis, Bitcoin remains bearish, and our view has not changed.
We had considered two scenarios for Bitcoin, and both were bearish
Nothing has changed now either | from the current price or slightly higher, Bitcoin may see a serious correction. If the 103k zone is broken to the downside, Bitcoinโs price could correct down to the 93k area or even 86k.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
In the previous analysis, we mentioned that the targeted supply might be hunted before a drop, and that move has already happened | this index dropped by more than 5%. We will be updating Tether dominance soon.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
The previous analysis was invalidated; the update we had considered for Ethereum turned out to be more accurate (meaning this analysis).
Now, Ethereum may face a serious correction after making one more high. So pay close attention to the $4900โ$5000 zone.
โ ๏ธ For this bearish scenario to play out, the SWAP zone on the 12H or daily timeframe must be broken and price must hold below it.
A daily candle closing above the invalidation level would nullify this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
It reacted to the red zone and has dropped more than 8% so far โ the analysis is currently playing out.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
As expected from the previous analysis, we anticipated a drop in this index, and the drop is currently in progress.
One important point to note is the green zone, which is a strong support area. It is possible that the diametric/symmetrical structure we discussed in earlier analyses is still intact. In that case, wave F of this diametric pattern may complete in the green zone, and candles could then enter wave G | a bullish wave that may trigger a significant correction in altcoins.
Please open Telegram to view this post
VIEW IN TELEGRAM
After 175 days, the price has managed to break out of an important level. Now, during the pullback, we can look for buying opportunities on BAN around the green zone.
The targets are marked on the chart.
Keep in mind that this is a low-volume altcoin, so manage your risk carefully and enter the position with a small size.
A daily candle closing below the invalidation level would nullify this analysis
Please open Telegram to view this post
VIEW IN TELEGRAM
The price seems to be in the corrective wave B, likely in the final corrective sub-wave of the larger wave B. From the green zone | which is a flip zone overlapping with the trendline | we expect a rejection to the upside, initiating wave C.
We are looking for buying opportunities around the green zone.
The targets are marked on the chart.
A daily candle closing below the invalidation level would nullify this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
After the pump and touching the red zone, it has dropped more than 12% so far, and the first and second targets have been hit.
Please open Telegram to view this post
VIEW IN TELEGRAM
It seems that Dogecoin is preparing for another decline. A bearish trendline has formed, and the candles are moving below this trendline.
Based on the ABC structure, it appears that Dogecoin is pulling back into the red zone to gather more sell orders for a deeper drop.
It is expected that upon touching the red box, the price will move toward lower levels.
The targets are marked on the chart.
A daily candle close above the invalidation level will invalidate this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
First of all, pay attention to the timeframe | itโs the 12-hour chart, which is a relatively large timeframe.
It seems that a bearish structure has completed, which was a diametric pattern. This structure was for wave B. After the completion of this pattern, we expect a wave C of the same degree as waves A and B to form.
Be cautious with your buy/long positions, especially in altcoins, since after a short period of confirming the completion of the bearish pattern, the candles might move sharply to the upside.
If the candles can hold and consolidate above the flip zone, this growth will continue.
Letโs wait and see what happens.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
According to the previous analysis, Bitcoin had a significant drop. After the drop, it reached a support zone. It is now approaching a supply area, where we expect a rejection and the continuation of the bearish trend.
On the chart, an important trendline has been broken, and we also have a bearish CH.
Letโs wait and see how the reaction to the red zone will unfold.
A daily candle close above the invalidation level would nullify this analysis.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
After hitting the green support zone, the market was defended and turned red. We have been warning about this correction for a long time.
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
Please open Telegram to view this post
VIEW IN TELEGRAM
BehDark (EN)
Please open Telegram to view this post
VIEW IN TELEGRAM